DO NOT use WD-40 - it's made of fish oil and will eventually become gummy and sticky. Silicone oil only and only on the parts that slide together as Don said.
Gary

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PSR-S950, TC Helicon Harmony-M, Digitech VR, Samson Q7, Sennheiser E855, Custom Console, and lots of other silly stuff!
K+E=W (Knowledge Plus Experience = Wisdom.)