Hi Boonetown...
Thats exactly how it should look.
This bolt is more like turning a "valve".
Turning it will tension the t/bars and lead to front end lift...
...bolt will rotate, but not move in and out.
Its usually a good idea to spray/soak them with WD 40 or similar first.
Make sure you index ( mark) both bolts..and turn them equal amounts.
( IIRC its a 27 mm socket )
AND..after doing lift...get a front wheel alignment done..
Jo