I am going to assume that your 92 layout is very close to the 1990 ford festiva.
With that said, I had close to the same issue with my 1990 aside from checking the pulse on the injectors.
What I found was that on the passenger side air box (mass air flow sensor) had a leak in it. It is the square box on top of the air box filter. So first I used some RTV to seal it.
Then I made sure all connections going to the throttle body (Hoses etc.) Were sealed and tight no leaks.
Lastly, something I found rather odd was on the 1990 at least on the driver side against the shock absorber mount there was a small square box with THREE wires to it. All three wire were coated in what looked like an old time woven mesh.
I pulled all three wires, cleaned each connection replaced each wire snugly and sealed it with a cap.
Got in the car, turned the key. Took about 6 tries and it fired right up.
Note: the middle wired connection if not seated right will kill ALL POWER to the electronics. SO you will surely know.
Hope this helps, of course all that was done after making sure timing and everything else was in order as far as I could tell.
Good luck hope it helps. :)
Friday, November 28th, 2008 AT 2:40 AM