The reset rod is number 26 on the technical drawing. To remove it, you will have to (once the action is out of the stock), unscrew the upper tang screw bushing (Number 32) from the stock. A driver bit that is the right thickness and the exact width of the bushing will be needed for this. Not that Parker did put a stamp mark in the busing and the wood in order to allow proper locating of the bushing. This is important because the bushing acts as a spacer between upper and lower tangs. And the holds in the bushing can sometimes be off center allowing for adjustment for locating the upper tang screw. After the bushing is out, then the rod will pull out the front of the head. The screw bushing is what retains the rod in place.
It COULD be that the bushing was removed by someone in the past and that is causing the excessing movement of the rod back and forth.
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B. Dudley
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Threaded Mode