Your's doesnt have a dipstic that's for the 735I. The stiff is a screen the fluid should come through the screen a little. So it sounds like you have enough power steering fluid. But Your car is the IL which has self-leveling rear suspention and the power steering fluid goes to the rear shocks as well as the power steering. The 735I has a dipstic for the power steering fluid. Hey man I know a place on the net that you can e-mail technical questions about BMW's. Go to bavauto.com they are extremly helpful you can order parts from them and all sorts of stuff.