Re: 700R4 slipping or out of adjustment?
You can try adjusting the TV cable, but it sounds like your trans is on its way out. It is possible that the clutches and passages in the trans were gummed up, but not likely with the symptoms you are describing. How does the fluid look? Does it smell burned?
88 Z28--waiting for 406/Th350
97 Fomula--355 LT1/T56