POETS AND ARTISTS: Poets And Artists Of The Region Collaborating. Guild Hall Museum, East Hampton, New York July 3 - August 1, 1982. Exhibition Organized By: Lillian Braude.

The strange and difficult relationship between images and words is one of the subjects of ''Poets and Artists,'' this year's ''Artists of the Region'' invitational exhibition at the Guild Hall in East Hampton, L.I. The show includes 42 collaborations by poets and artists who have lived on the east end of Long Island or who have made that area their place of inspiration or retreat. Kenneth Koch, David Ignatow and Louis Simpson are among the poets whose works have become the basis of a painting or sculpture; Lee Krasner, Elaine de Kooning and Larry Rivers are three of the painters who were guided in a new work by a poem.