Thanks to all. Gary, I used fresh bottle of thin TB CA and it turned out fantastic! I sanded just about all of the old finish off with 600 sandpaper and then went with the wet MM. I wiped it with a clean towel, being careful not to use the same area twice. I applied the CA with a clean paper towel, waited a few seconds as mentioned earlier, turned on the lathe on low speed and gave the blank a quick shot of accelerator. Applied eight coats and wow! The pen is a lever action, antique brass with cocobolo wood. I found that one end of the blank was flared slightly so it became the nib end. Live and learn!
FWIW, I turn the headstock by hand. I have a mark on the brass nut on the mandrel so I can keep track of how many turns I make- two to apply CA. Any more and the Ca starts to set up and looks real bad. As I said, I turn the headstock by hand, then turn it on to spray the accelerator.