when i loosen that bolt there is a screw probably about 4 inches long that comes out of it. if im looking at the engine from the front it swings to the left and right if i loosen the bolt. what im talking about also has the distributor belt connected to it, the wheel of it anyway.
Are we talking about The unit that your spark plug wires are going to?
thats the distributor cap right? right below it is a metal circlular object that the distributor belt goes to(i think thats the belt) inside the object i can see copper coils.