HELP 727 trans problem

HAVE YOU EVER DRIVEN THE TRUCK BEFORE THIS? high stahl convertor,low on fluid. the reason i ask is, did it do this before?(high stahl)?
Drove at least 500 miles between the time i got it and changin the gasket worked good :( before.

"you sold it over a transmission?" no i didnt keep teh 1st one to make a pair the one i have now is factory A?C and WAY WAY WAY nicer to start with