This thread is now six years old, but the content is still quite valid.
My '91 just started doing the same thing and this post helped confirm it may be the e-brake switch (my first thought since gets used a lot, and obviously make the light go on and off ) or perhaps the brake fluid is low (never seen that before, wasn't sure if there was a sensor or not.) High Gs cause it, and that could conceivably affect either one. No fluid visible on the wheels. It's happening with less and less aggressive starts, so...dammit looks like low fluid (and getting lower.) I'm betting on rear brake piston(s)... Can't Ford make them last longer than 23 years, lol!