Well yesterday I installed a shift light and I went out to test it obviosly I had to get on the car a little because I set my shift light at 6,000 rpms. Well anyway after I was done, between shifts I started hearing some engine knock which progressively got louder as I drove home luckily I was only 5 mins from my house. I pulled over and I noticed a bunch of oil behind and below the alt. see pic: (found a random image of a 4.6 to help explain)
I checked the oil and it was bone dry, so I added in 3 qts of oil + stp oil treatment it quiet the knock down a lot but it's still there. I took it for a drive around the block and the oil pressure gauge dropped down to nothing so I stopped the car shut it off and when I turned it back on the oil pressure was back to normal?
Any ideas where to start?
I checked the oil and it was bone dry, so I added in 3 qts of oil + stp oil treatment it quiet the knock down a lot but it's still there. I took it for a drive around the block and the oil pressure gauge dropped down to nothing so I stopped the car shut it off and when I turned it back on the oil pressure was back to normal?
Any ideas where to start?

