Hello Bo and welcome to Just answer.com, Super mechanic here. About your 96 Olds 98.
The cooling system pressure, (or no pressure in this case) is most likely due to a bad pressure cap, not allowing the system to reach the proper pressure. Alot of times the cap is overlooked.
As far as the "miss", I would want for you to drive the car until you feel the concern and as you are cruising and it starts to do it, just touch the brake pedal slightly. Enough to make the brake lights come on but not enough to actually apply the brakes and see if the engine seems to smooth out. I am thinking that the problem you are having may just be the torque converter clutch going in and out, in which case there may be a problem in the TCC system rather than the engine performance, thanks
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