IT'S A MIRACLE !!!
The transmission shop mechanic removed the pan and found that
the pick-up screen (no filter just a screen) was choked off with crud.
He cleaned it and put the thing back together and it works great again.
He adjusted the bands and set the shift points a few RPM higher by
adjusting the vacuum modulator.
I asked where did the crud come from? After all it was a total
rebuild just 2000 miles ago, and every thing should have been clean or
new. He said it was metal, very fine, both steel and aluminum,
he showed me the trans fluid. It looked a bit dark red and when he
shook the container, I could see the rivulets of darker streaks and such
wandering about in it. He asked if I had been doing hard launches (drag
racing), I said a few but I told him I don't abuse the car, and the tires