Some great info on our cars steering systems at
Stangerssite.
Here's the snippet regarding adjustment of the control valve. It has nothing to do with slack, so be sure to do some research before you cause yourself more problems:
<TABLE cellSpacing=0 cellPadding=0 width=119 border=0><TBODY><TR vAlign=top><TD>
ADJUSTMENT
</TD></TR></TBODY></TABLE>
<TABLE cellSpacing=0 cellPadding=0 width=951 border=0><TBODY><TR vAlign=top><TD>
New and rebuilt control valves should already come adjusted when you get them and require no further adjustment. The only accessible adustment is found under the aluminum end cap on the far end of the valve. This consists of a nut on a threaded rod and controls the centering of the spool valve inside the valve housing. Many people think this nut should be turned down tight, like most nuts are supposed to be. However, this is an adjustment and is not supposed to be just tightened down.
This adjustment is misunderstood and played with to supposedly correct all sorts of problems associated with the control valve. However, all this adjustment does is center the spool in the housing. If it is misadjusted, the steering tends to provide power assist more in one direction than the other. When severely misadjusted, the wheels may actually turn one direction by themselves due to the imbalance. For this reason it is important not to tamper with this adjustment unless you know how to do it properly.
This adjustment has nothing to do with the tightness or looseness of the ball stud, the play in the valve assembly or the sensitivity of the system. Playing with the adjustment of the centering spring will probably violate your warranty. If you think that some adjustment needs to be made to your valve, always contact the supplier or rebuilder before proceding.
</TD></TR></TBODY></TABLE>
New and rebuilt control valves should already come adjusted when you get them and require no further adjustment. The only accessible adustment is found under the aluminum end cap on the far end of the valve. This consists of a nut on a threaded rod and controls the centering of the spool valve inside the valve housing. Many people think this nut should be turned down tight, like most nuts are supposed to be. However, this is an adjustment and is not supposed to be just tightened down.
This adjustment is misunderstood and played with to supposedly correct all sorts of problems associated with the control valve. However, all this adjustment does is center the spool in the housing. If it is misadjusted, the steering tends to provide power assist more in one direction than the other. When severely misadjusted, the wheels may actually turn one direction by themselves due to the imbalance. For this reason it is important not to tamper with this adjustment unless you know how to do it properly.
This adjustment has nothing to do with the tightness or looseness of the ball stud, the play in the valve assembly or the sensitivity of the system. Playing with the adjustment of the centering spring will probably violate your warranty. If you think that some adjustment needs to be made to your valve, always contact the supplier or rebuilder before proceding.