Thank you very much for your suggestions and comments.
Upon recommendation of a good friend of mine, I took my 850 to a specific transmission shop/garage in Chicago. After I was talked into having a thorough check up of my volvo's transmission, I reluctantly agreed for $150 (that I paid up front). Well, earlier this week, I got the report: solenoid #2 is fine; one electrical connection between the TCM and the solenoid was corroded and they cleaned it/replaced it. Therefore with a grand total of $150 (the amount I paid for the transmission check up) my car is running beautifully again (at least for the time being). I hope it stays that way! I am wondering whether anybody else had a similar experience over the years.
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