Yep... adjust the red caps on the 2 RAVE valve covers.
BUT... if you have them come in too soon... you will make a dead spot. When they open... you loose torque, but gain RPM. Generally... an older engine will run very well with the red cap flush to the black housing... or even full tight. BUT... it doesn't hurt anything to play with them. (just don't adjust the regulator on the water box, that looks like a RAVE cap)