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You should not have to lubricate the "striker"....type some characters then remove the ribbon cassette and see if the characters are spaced properly or are typing on top of each other on the carbon ribbon. You may have put the machine into a "multi-strike" mode....you can get a manual at www.nadist.com
First be sure tou have a dry L/O tape Gen. Ribbon T355 or eqiv., put the full spool on the L. side of the carrier, for ease open the printwheel as if you were going to change it. install around the slacker wire, thru the guides with the dull dide of the tapt towards the platen and to the take up spindel.
First see if the ribbon is spacing a full space for each letter pressed if not you may be in the over strike ribbon mode, to get out of the mode press code and comma, period or slash i'm not sure which one So try them all.
If that dosen't help check to be sure the correction tape is not getting in the way, remove the corr. tape and try it.
Next remove the ribbon and release the hammer as if you were changing the P/W and see if the plunger in the solenoid is free, if not try a drop or two of WD40 on it.