Hi all,
    I've got a '95 850 turbo wagon, about 165,000 miles on it.  I
saw the oil light come on two weeks ago (just flickered on and went
off).  I pulled off the road, shut her down and checked the oil, and
it was a little low, but not even below the ADD line.
    I saw it come on, briefly and during acceleration, a couple of
times in the last two weeks, so took it in this morning for an oil
change.  I told the mechanic about the light, but they didn't find
anything obvious (this is not a Volvo dealer or foreign car place, but
a local mechanic that I've been using for years for general repairs).
Later, as I drove it home, the light came on again, and I know the oil
isn't low.
    There is no top-end noise, no lifter noise, and everything
seems fine.  There is no engine oil smoke, no drips.  It sounds
exactly the same as it always did.
    But I'm taught to be extremely afraid anytime an oil light
comes on.  Anyone have experience with this issue?  Is there some oil
check level that could be gummed up and registering wrong (best-case
scenario) or is it more likely that the light is right, and the
problem is the oil is not being circulated to the level it should be?
    Thanks.
    South Dakota Tom