The light flashes for two reasons.
First is the coolant level is low or the level switch is bad.
Second is a disparity in the readings between the coolant temperature sensor and the transmission temperature sensor. Most times tho the light stays on steady when this happens.
Try jumpering the terminals in the connector and seeing if the light goes out. If it does the switch is either bad or is gunked up. You can try removing the coolant tank and cleaning it thoroughly. Sometimes that is all it takes to free up that float switch.
Good luck and let us know. :)
Tuesday, April 18th, 2006 AT 11:05 PM