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You're transmission's going into "limp in" mode, or safe mode. Chrysler designed these cars to shift into second, and stay there, in order to allow the owner to limp in to the dealership for service.
A couple of things you should try.
1- Change the filter (drop the pan)
2- Flush the fluid. You won't change much of the fluid by simply dropping the pan. Most of the fluid is still in the torque converter. There are many ways to flush the fluid. My favorite (because it's cheap) is to unhook the hoses that leads to the radiator and use them to pull fluid from a fresh bucket and push old fluid into a waste bucket. Five or six quarts should do it.
3- Add a conditioner to the fluid. You choose the brand.
4- Reset the computer (disconnect the battery for five minutes or so).
This all may seem like a hassle but it won't seem so when you price AT repairs!
Good luck, you'll enjoy the 94.
Roger
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