CobraII351 check to see if the lights come on when you start the car, this will be a self check
the abs light will only come on if there is a fault in the system
the tc light will turn on when the system has been turned off, if there is a fault in the system, or when the system is working
also are you sure the it is the tc that is kicking in? you will know that the tc is working because at low speeds the gas pedal will kick back against your foot and at high speeds the abs will control traction