I get quite a bit of white smoke when I'm driving. It's either burning antifreeze or tranny fluid in the combustion chamber. I think I've got this one figured out after much google'ing. First, I am losing tranny fluid (but not leaking it). Also the smoke doesn't smell like antifreeze. I've determined that the transmission (TH 350) modultator diaphragm is bad, which will cause it suck tranny fluid up into the chamber. Anyway, my question is, where is the modulator? Is it on the tranny or under the hood somewhere?