I've wondered this also and i don't think it's feasible. In fact it is most likely straight-up impossible. The problem is that a lot of juice is already uncolored. That is, take the clearest juice you can think of and vape it - and watch the cloud of vapor you exhale remain just as visible. That vapor is made out of lots and lots of microscopically tiny droplets of liquid (mostly water i assume?), which are all going to have a microscopic refractive/reflective effect on the light which allows us to see. The clearest possible vapor cloud is still going to be visible, because it is vapor - it is a physical substance which necessarily interferes with light.
I'm sure somebody with a much more technical knowledge of physics or optics could explain that vastly better than i could.
When i'm at work, where vaping is expressly verboten, i stealth vape by holding it in as much as i can.