Buddy of mine found it. Both battery terminals have been replaced. There was a wire that the previous owner did not secure in the clamp on the new terminal that had fallen out. Wire actually looks like an in line fuse. He asked, "What's this wire to", touched it to the terminal and I switched...
While driving in my 87 XLT (2.9 5sp) she "bucked" a couple of times then shut down. Cranks like hell but won't start. No pressure in the fuel rail. I have replaced the relay and pump in the tank: still no start. I removed the fuel line at the pressure regulator and cranked it over....no fuel...