The z error means it never found the top of the stock after moving 1 inch.
The macro reads the value of the dros for touch and rapid speeds, so you need to have those dro with a value set, if they are not, the touch speed will be zero, therefore you will have no movement and never reach the target. So make sure you have the dros on your screen with the user code set as defined in the M1200 maco const table. Then set to the touch speed to 5 ipm or so, I made these dros so you can tune your system on the fly to match the accuracy of your machine.
JH