Hi guys! Thanx for your replies. Took the truck to the dealer today and they hooked it up to the computer and it is definitely the sensor in the transmission, but it is also throwing some internal transmission codes. Of course, their transmission guy wasnt there today, so I have to take it back Monday and leave it with them so that he can figure out what exactly is going on. No, the ABS light never came on and neither did the Service Engine light...Go figure..lol. Here's hoping and praying its nothing real major. Will keep yall updated. Any opinions or thoughts would be appreciated.