ahhh, the pain that is a T5 clutch blled issue...OK, I ran into the same issue 15 years ago on my SX/4....here's how I corrected it (I've posted this a BUNCH of time, but it never gets old...
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Step 1: Make sure that screwed up tube AMC called a master resevoir is full.
2) Get under the car...use a broomstick, pipe or other device to SLOWLY push the clutch fork (and in turn, the slave cyl piston) forward, so the slave piston bottoms in it's bore. Hold it there, using the stick, pipe, etc to brace against the floor or x-member.
3) (this step requires an octopus, or 2-3 people-your choice) while under the car, open the bleeder on the slave cyl, then have assistant 1 SLOWLY push the clutch pedal down. The location of the bleeder seems to resist getting all the air out any other way....once the pedal is down fully, close the bleeder.
4) Before assistant 1 releases pedal, either come up, or have assistant 2 monitor the fluid level in the "reservoir" as assistant 1 releases the pedal. That tube won't have enough fluid to refill the bore of the master & slave, so you've gotta fill it as the pedal is released. ALSO, remove the brace you shoved up against the fork...again, monitor the fluid level, cause it's gonna drop as the piston is allowed to travel outward....
It sounds like it's a bigger pain than it is...it takes 10-15 minutes to complete & HOPEFULLY you'll have a good pedal at the end....