[xeroinfinity]

Does sound like trapped air in your cooling system.

Did you turn your heater on ?
Air tends to get trapped in there, but it could be a clogged heater core.
You can feel the two heater core lines(when the engines hot) and see if they are hot.

When you bleed it from the bleeder valve make sure the engine is up to operating temp.
With the bleeder valve it can take some time to clear the air if thiers a big pocket. You are actually supposed to attach a large hose to the bleeder, then run it to the resivoir and run until the air is gone.
Also if the thermostat is in backwards, spring side goes into engine.

If you dont know when the last time your water pump was replaced that might be worth checking out.

If it keeps spewing coolant out the radiator cap when its open then it is possible your head gasket(s) is bad. Did it do this same thing before the LIM change ???

Good Luck