You need to stop. Take the washers out. You either have a dual action rod like the first rod picture you showed or the rod is broken at the anchor end.
If its dual action, the nut has broken away from the inner rod. Push the rod back into the neck. Put a small hex nut on the threads. Put the socket nut on and tighten the two nuts against each other so they are locked together (once they contact each other, use a wrench on the hex nut to reverse it as you tighten the socket nut against it). Loosen the nut, continue loosening and see resistance will begin: the rod will begin to bend the other direction and flatten the neck.
You see the threads at each end of the rod are reverse threaded to each other. Turn one way the ends are drawn together and the flat bar bends away from the round rod. The other way the ends push apart and the flat bar bends closer to the round rod.
'73-4 Ampeg V4B, Ampeg PF350,PF115HE, PF115LF, 115 Traynor, 1962 Fender Jazz, 75 Gibson G3, '10 Squier VM Jazz, Squier CV 60's P Sonic, Squier CV 50's P blonde, Epiphone Thunderbird IV
Last edited by 96tbird : 11-21-2012 at 07:17 AM.