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shift mode light blinking?!? 850 1995

Help!?!? Just got a 1995 850 turbo wagon, new to me w/117,000, runs great...however-
Twice in the past few days the shift light (upwards arrow) was been blinking- owners manual says go right to dealer, but it is shifting/driving wonderfully, and that will be costly.
Upon the first occaision I started it and the check engine light went on as well, so I shut it it off, restarted, it remained blinking, so I drove it home, parked it overnite. The shift light went away next day- fine, but CE light still on. Two days later the blinking shift light came back for spell, shut it off and it went away, still CE light on.
I do have the Spt/Wint/Econ option, or is that standard?

Now I know it could be an array of things guys, but anyone have any thoughts and or suggestions as to what or how this came about?

And I know it could just be a coincidence that the check engine light went on simulataneously, uuh maybe...how does one reset that, if it can be done
without the dealer or trusted mechanic.

Thanks-Mike!






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