I have noticed that there have been a number of threads started about this problem, here and on other forums. I wanted to put out a solution I have found that seems to work on my truck. Just did this today actually.
Every so often my WTS light, as well as the water in fuel light, stop working. It has done this at least 3 times over the past year, since finishing the 4wd conversion on the crewcab and switching to the complete 93 system.
What I have done to rectify the problem...at least for a while...is to disconnect the battery, both positive and negative cables, for at least 5 minutes. Hook them back up and everything seems to work fine again.
Hope this works for others as well.

1984/93 Dodge Crewcab, W350, 1 Ton SRW, long box, 330K Km's, M&H spacer, 366 spring, fuel pin to deep side, 14cm housing, Piston LP, PS IC, Isspro Boost, Pyro and tach, NV4500, 29 spline NP205, 3.54's.
Check out the build....
http://www.dieseltruckresource.com/dev/ ... 05923.html