Solution: Check for proper ground.
I recently acquired a used Maytag Atlantis dryer Model Number MDE7600AYW.
The IntelliDry Moisture Monitor "More" light was not blinking and the clothes were not getting dry.
It turned out that the dryer was not grounded. I had a four prong outlet fed by a 3 wire cable and the ground in the outlet was not hooked up. The simple fix was to connect the ground to the neutral inside the dryer. The better and code approved fix is to run a new 4 wire cable from the breaker panel to the dryer.
See here for another user with the same problem.