I had this same thing happen about two years ago. That was when my 86 was still EFI. The distributor went bad. Not the TFI module, but the pickups inside it. They looked fine, but when tested weren't doing their job. I tested the coil, the TFI module everything. Coil wasn't giving any spark at all. I went so far as try another computer. Finally swapped the distributor and wham.. fired right up..
Hope that helps.
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2002 Windsor Weekend
Q16 Qualifier
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