Turn on the headlights and walk to front of car and see if both headlights are on. Make sure to check both the high beam and low beam head lights. I believe that the blinking light you are seeing is to tell you that one of the headlight bulbs is burnt out and needing replacement. That's the Daytime running light indicator. Check that they are working.
it needs to be replaced
It means that there is a malfunction in the 4wd system.
an electrical problem like a brake light or something being out
I believe that is the High Beam headlight indicator.
You might have a headlight out. Check the high beams to make sure that they are working. (Those are the REALLY bright lights.)
Car sounds bogged down and hesitates to shift gears in lower two gears
Blinking red light signifies alertness or danger.
it stopped blinking because it stopped working its gone kid ;)
You should get that checked out of a mechanic because that might mean your car is over heating. Check your Coolant or Antifreeze level.
Portia said 'blinking idiot' in the Merchant of Venice.
Three blinking yellow lights mean the deadlock is locked from inside. Guest is in the room
It means you're blinking.