There is a bleeder on the slave cylinder down by the trans, but I've always had bad luck with it.
I ended up finding a trick that seems to work most of the time. You take the slave loose from the trans, break loose the hose going into it first, take the hose loose, then with the slave pointing straight down let fluid run out of the hose and fill up the slave cylinder. When the fluid runs over out of the slave, screw it back onto the hose. No air in the system unless you screw up and let the master run out of fluid in the process.
I think the bleeder is just poorly placed or something, because it always took me hours of doing it to get it to work before.
If you can, replace the slave along with the master. It is probably full of crud too now if the master went out. Seems like mine always tended to go together.
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95 Isuzu Trooper Daily Driver
86 Isuzu Trooper reliable backup
77 LUV 2wd stock beltway blaster (resting)
79 4x4 LUV project: 2.6L, 5spd, 31s (eventually)
MEPR: Man, my 4x4 makes all other LUVs look good
