Is the fluid full?? It could be a seal on one of the clutches is leaking--when the ATF is cold and thicker it will seal better--as it warms up and thins out,it may leak by the seal easier..of course there are a hundred other things that can do it too. I'm investigating the sudden loss of reverse in my TH350,it didnt want to shift into reverse--its like its got 2 neutrals now,I'm trying to borrow a pressure gauge to do a test and see if I can figure out why it lost reverse that way,before I pull the pan..the book says it could be a clogged filter,valves stuck in the valve body,bad modulator,and what I fear most....blown seals on the clutches,or the clutches themselves are fried--I hear no noise at all in reverse,so I'm hoping its a hydralic problem rather than a clutch problem--but with my luck its probably &^%$$...
When the website changed I lost the post I had about my tranny problem,and Ryoken posted back with some good tips,and then I found my missing service manual--I'm still debating whether to get too far involved with the TH350,since I'm trying to get another truck,do my shopping and everything else at once--and looking at the pictures in the manual--I doubt if I could successfully rebuild one ---looks like the space shuttle in there to me!!!...I'm hoping I can get reverse to work so I can sell the truck or at least let a friend use it around his yard--or I'll have to part it out--I have a good lead on an 89 K30 with a 454-TH400 and plow,so this truck needs to dissapear to help offset buying the 89 if I go for it....Post back if you find out why your tranny is acting up in reverse--I'd like to know why...