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5.0L (1979-1995) MustangTechnical discussions on 5.0 Liter Mustangs within. This does not include the 5.0 from the 2011 Mustang GT. That information is in the 2005-1011 section.
My first guess would be dizzy. I think the timing chain would cause a little different problems. Because your valve timing would be off, it wouldnt really buck like that.
If your floats are low, they can drain quickly causing your car to loose fuel at wide open throttle. But you would only go lean when on the peddle. Not randomly, or only in 4th gear. If floats are to high your car may run rich, but it wouldnt just be in 4th gear.