Bart, If you feel the exhaust manifold as wake suggested and it is indeed running hot, don;t read the rest...
If it is not too hot to touch, then it is electrical. I had the same exact symptoms a few seasons ago, felt the manifold and could touch it. It's still hot, btw, just not too hot to touch for a few seconds. There's probably a way better technical explanation, but it amounts to not enough juice to the dash. My first step was to simply run a dedicated ground wire from the battery terminal to the neg post under the dash, as suggested on this board. THat made a huge difference in temp reading and I have not gotten over 180 since. oil pressure and voltage alarms still go off, but feel If I could ever getting around to running a POWER wire direct it would fix that as well. I think you have to insert a fuse if you run power.