i know theres lots of choices probably for tranny fluid and motor (( Internal Combustion Engine ? )) oil but any suggestions would help. i just drained my tranny and it looked like some kinda gear lube in it and in the motor (( Internal Combustion Engine ? )) it was red like tranny fluid?

Are you sure you wrote this correctly, the motor (( Internal Combustion Engine ? )) had a "red" fluid in it?
Also the trans had gear oil in it?
do you have a manual by chance?It lists all the recommended oils, fluids for every temp, etc in it I would highly recommend it.I run 10w-30 in mine 100cc as per Ed at Triple EEE(MY Engine BUILDER)and I live on the east coast.
There has been many a thread here on what type to use-ie synthetic, I would highly recommend as well the "search" feature-remember to, some guys fill there crankcases up to the past the fill line on the dipstick-other like myself perfer the 100cc method, I have never had issues with oil in the starter as some have in past-so you may want to look into that when refilling the motor-it is all up to you as far as that goes.
Have you ever changed the fluids prior to this?

Hers a link for you, have you performed this mod by chance on your Engine to prevent the oil in the starter by chance?

http://www.odysseysalvage.com/fixstarteroil.htm
http://pilotodyssey.com/350sb.htm
http://pilotodyssey.com/Amsoil.htm--good oil to use for your motor (( Internal Combustion Engine ? ))!!
I would read each of these threads, it can help you.

hey mud...the fluid was indeed red...swear it was tranny fluid...and definatley gear lube in the tranny. the machine is new to me so its the first time im changing it...i do have a manual and read it cover to cover several times. I just like to be sure and if onething is better then another. times change and the manual is as old as the machine.like to keep up on new tips and tricks...thanks again oh and the amsoil thrread didnt work..

If this is a 350 trans then a good 75w90 gear oil is an acceptable choice. Gear oil as EP additives that regular "motor (( Internal Combustion Engine ? )) oil" for cars does not. Motorcycle enigne oils have this additive as many share the trans and Engine oil for lubrication. The EP additives are a must for driveline gear trains.