Bill, sorry for the late response, I just saw your PM this morning.
Looks like many already have given you very good information.
First and formost you need to make absolutely certain that the lathe is leveled in both axis. Bed twist is the most common issue on this weight class of lathe. I got mine dead nuts level in both planes/axis before even attempting to make a first cut, although I was getting anxious.
Once I got the lathe leveled, I turned a piece of 2" aluminum bar stock and noticed mine was off .002" in about 8"(if memory serves). The adjustment bolts under the backside of the head/gear housing are your adjustments. There are bolts under the chuck and behind the headstock bolting the head/gear housing to the bed. I loosened these and then snugged them up before moving on to using the adjustment bolts.
On my lathe the workpiece when chucked up in the chuck was further away from the toolpost at the tailstock end vs. the headstock end so I very lightly tightened the left adjustment bolt (furthest away from the chuck) and then made another test cut of a few thousandths. I crept up on it until it was dead nuts even. It only took two attempts if I remember correctly. I then tightened the bolts down fastening the head/gear housing to the bed.
I re-checked the alignment about three weeks later as I figured the machine would possibly "settle" a bit. Now nearly 9-months later it is still dead on, just checked it last week.
I hope that explained it enough but you appeared to have better help before I posted.
Again, sorry for the delay in responding.
Mike.