Okay so I got a 1989 mustang LX 5.0 a couple months ago for $2,500. It ran fine, then I ran into blown head gaskets so I stripped the motor down to the block to do a rebuild. I replaced every gasket down to the block, put everything back together, and she wouldn't start. Eventually she started up and I took her for a test ride, and here's my next problem... Whenever I was backing out I noticed it wouldn't catch reverse, until I let off the throttle and tap it again then it engages. Same thing in First, Second, and Third. It's like it keeps going to neutral, but only for a split second. Well yesterday I went to start her up and I noticed my radiator was bone dry, so I started filling her up. Whenever I started it, that water just started pouring from what looked like the bell housing, not exactly sure but it was in that general area. And it looked like there was some oil in it, more than likely tranny fluid because there was no color to it except for the texture and it rain bowed in the sun. Has anyone had these same problems? if so what steps should I take?