Sore subject with me... I had no idea that I would lose the dipstick when my transmission was "upgraded" to an overdrive. Not only that, but filling the transmission also used to be through the dipstick hole! a very simple and logical procedure. Now it's under the car.
The procedure for checking the transmission level without the dipstick, though relatively simple, is tedious, especially if you don't have a lift for the car:
1. Jack up the side of the car where the transmission fill hole is located.
2. Crawl under the car and take the plug out (be sure to use jack stands!).
3. Pump some transmission oil in the hole.
4. Position a pan under the transmission fill hole.
5. Remove the jack stands. Lower the car. If you have put sufficient oil in, any excess oil will come out the hole when you lower the car until the transmission oil level reaches the proper level. If not, you have to go through the procedure again. Remember that the car will be at an angle when one side is jacked up, so putting a stick or something in the hole is not going to give you an accurate reading.
6. Raise the car again. Replace the jack stands(!)
7. Crawl under the car. Replace the plug, clean up, remove the jack stands, and lower the car again.
8. Finished. Fortunately, if you don't have a major leaking problem, you don't have to do this very often.
9. The same procedure applies when you drain the transmission and the OD: up, down, up, down.
Some will recommend that you drill a new dipstick hole.