Ticking Noise Coming From Transmission Driving Me Crazy

Ok my thinking is totally different on this. From what you're saying it sounds like maybe it's something in the valve train. Is it at all possible that the noise that you're hearing is coming from the engine and not the transmission?
Do you have an oil pressure gauge in the car? If so what does it read when it's at running temp?
Is your car a big block -small block or 6 cyl?

Ted

Hey! Don't have a oil pressure gauge. It's a 318, 4 barrel. Is that big block? The reason I think it's trans related is because I didn't hear it (if my memory serves me correctly) before I had the trans rebuilt. Ugh dear. I wish I knew my way around machines.