When this starts happening, this usually means that the ABS control module is going out....very common. A member here, Victor Rocha rebuilds these modules for a modest fee of about $140 compared to what the dealer wants for a new one (usually upwards of about $800). Here's his website: http://home.earthlink.net/~vicrocha/
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1998 S70 T5 Emarald Green Metallic (125K), 2004 V70 2.5T Ruby Red (45K), Previous Owner of Black '94 850 Turbo Wagon (Sold at 140K and miss her). My cars have been running so well lately they've got me worried.
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