Okay so I took my car to Midas and the guy that looked at it said He didnt think I had a blown gasket. He just thought the sensor on the coolant reservoir was screwed up.

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I took it this evening to a ford dealer and told him what was happening. He said there were like 7 different tests they would do to check the gaskets. I let it be known in a round about way that no one would be making money off of it, because if it was a gasket, i was going to sell it.
So if he tells me its a gasket, I'll believe him. He told me it sounded like if it was the gasket it wasnt exactly "blown" but cracked enough to have a slow leak, which would not necessarily produce water in the oil or smoke from the exhaust. Either way, It would be a ticking time bomb. Will update.