"Apparently the cam has a different tension in different positions. I took the tension adjuster out, cleaned it and polished the shaft with scotch pad (gray) and put it back in. Tomorrow I will find TDCC and adjust it."
You could say that. What is happeneing is that as the engine turns slowly, the valve springs, thru their rocker arms, will conspire to push the cam forward, or backwards, putting the slack on the front of the chain or the back. You want to adjust when the slack is on the back. This alternates 2 to 4 times per revolution. At least 2 maybe no more. I never really tried to test it.
At speed, this still happens, but at a microscopic, or better, high speed, level. Momentum trying to roll the cam forward. The valve springs putting up resistance and trying to turn the cam backwards against the pull of the chain, then forwards in sympathy with the pull of the chain. This sets up a whipping dynamic which is very hard on the chain. Hence carb synching and ignition timing become crucial to smooth running and low sound.