Icerigger is probably right: the Regulator portion is likely failing -- whole unit needs replacing. Another poster came up with a replacement with separate Rectifier and Regulator, for less than $50 -- OEM part is $100+! Check the other, recent threads for it.
The negative bulb terminal refers to the negative side of the bulbs/ground side. Cheers!
1979 CB750K (sold, 2012, but not forgotten)
1983 Kawasaki 440 LTD Belt Drive (sold, 2011)
1993 Kawasaki Voyager XII