I saw from
your other post about this that, Gregg Evans thought your clutches were burned. That may very well be the case here. But since you don't have the money to replace the transmission, may want to do a little investigating. Ford does have a TSB for the 4R100 stalling in when you put the transmission in drive or reverse. It states that he filter may have fallen out of the valve body. I would check that as well as all of the electrical connections to the transmission. Disconnect each of the outside terminals to make sure they are not corroded. I had a problem with the wiring harness on my transmission that caused it to slip in 2nd gear.
If you can actually drive, try to get to a transmission shop that can read the error code stored in the computer. The O/D light is flashing because there is a fault. Ford charges 1 hour labor to read the codes, but most independent transmission shops will do a free diagnosis and tell you what the code is.
That sound that you hear could be the pump sucking air because the filter is laying at the bottom of the pan. I really hope that's all this is
