Originally Posted by
decibles
in my opinion when second gear is the only one affected usually you will find one of two problems either 2nd accumualtor piston and spring have failed or the band is smoked. Before anyone starts saying that if it were the band 4th would be problematic as well, I have heard this theory a hundred times however the servo travels further in fourth gear so it often will apply when second will not, 4th circuit in the servo also has more surface area which also helps. If you have enough horse power the worn band will show up after the 1-2 shift, which may feel fine, takes place the engine will drop rpm as expected then begin to pull through the band causing slip which often times will cause the engine to bounce of the rev limiter. In near stock form you may not even notice it going till its gone. I would follow the above advice and pull the pan and change the filter as well as visually check the fluid and also pull the 3 bolts tha hold on the accumulator to be sure it is ok.