While driving the overdrive light turns on and flashes

This transmission shifts fine when first starting. After warm-up, it stays in first gear too long and jerks hard when shifting into second. After driving around town for most of the PM, the overdrive light came on and it seemed to stay in second gear. Since then, it has been working fine on short drives, but still jerks when shifting into second afer warm-up. Any ideas?

Over drive light comes on and off sometimes, want come out of overdrive?
Thanks Loy;

Theoverdrive solenoid is either getting a weak signal or no signal resulting in a faulty circut. Try and look at your fuses

My O/D light comes on. After the truck warms up. It blinks continuously until the truck is parked and turned off. I have a button to push to turn off overdrive but it does nothing when the light starts blinking.
The truck's shifter is off and you have to move it to park to put in in reverse.

I have the same thing going on with my Ranger did you fix yours? And if so How may I ask

Keithmesser@yahoo. Com

Having transmission rebuilt to solve problem. I was afraid to drive it with this going on. I took it to a mechanic and he suggested that I go ahead and get the transmission rebuilt. We will see how it goes.