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My C4 has started shifting up and down until I get to about 50 mph. A friend suggested changing the modulator and said I could expect a little fluid to come out. I took off the old modulator and about 3 quarts of fluid came out. Is this the normal amount that should come out? I have stopped working on the trans until I get more info from some of you with more knowledge. Trans was rebuilt about a year ago and a shift kit was installed. Car is a 1965 Galaxie 500 with a basically stock 289 (added aluminum intake a 4 bbl). Thanks
 

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If you had the front of the car jacked up it is normal for lots of fluid to come out.
Don't forget the modulator pin.
 
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