I was driving along today and saw my dash blink a amber light at me (no warning chimes). Started keeping a closer eye on the dash and noticed it was the ABS light. It would come on and immediatly go out. Very random and it doesn't do it all the time. Could this indicate a problem I may have in the future?

 

Yup. Mine did that for a couple of months and then suddenly it stayed on and I have no ABS. My seat belt light is starting to flash as well.

 

i would venture to guess its your rear abs sensor
its located in the top of your rear differential, just remove it, clean it off and reinstall, if that doesnt fix your troubles, just replace it
seems to be pretty common on these old pigs
-Josh