I hit a large puddle and lost drive 1st and 2nd ok? After it dried out it worked fine untill one day lost drive again? wait a few days an It's fine.

any ideas

Welcome to AF.

Your post has been moved from Olds Classics to Olds Non-Specific. Wrong forum if your Olds has a 4T60E autotransaxle.

What year and model Olds is this?