I am not a moderator, but I do post here and try (to the limits of my patience) to help newcomers. A picture (photo or schematic) really is worth thousands of words, unless you happen to be a particularly good wordsmith. And even if you are good at expressing ideas, concepts, and problems using the written word, a picture (or two or three or a dozen, depending on the information to be conveyed) can help others to understand what is going on. Let's go back and examine your original post:
Hello. I have a DC power supply that takes 120vac into the transformer, steps it down to 8vac then puts that into the circuit using an LM 3 38 voltage reg. ...
There is no mention of what goes on between the "8vac" secondary and the "LM 3 38 voltage reg". Since the peak-to-peak voltage of an 8 V (rms) AC voltage source is about 22 V, it is conceivable that the "missing circuit details" could be providing about 22 V DC to the input of the regulator, and that the voltage-setting divider on the output is commanding an 18 V DC output voltage. Or it could be the regulator is not regulating at all because it is defective and is simply passing through to the output whatever voltage is applied to its input. Without more information about what voltages and currents are present
and an actual schematic of the circuit all of this is just conjecture.
... Other than a bridge rectifier, a few strange looking diodes and the usual cap and resistor there are no other components. ...
Oh, really? What are the "usual cap and resistor" components? Do these have values, voltage ratings or power ratings? Do they appear to be leaking or burned or in any way different from a new component? What circuit do the "usual cap and resistor" components appear in? Do you realize that the LM338 (if that is indeed the part you are calling "LM 3 38") requires at least
two resistors to set its output voltage? And often, there are a couple of diodes and capacitors associated with the LM338. See circuit schematic below.
... How is it then I'm able to get over 18vdc from this supply?
Thank you
I have no idea how you are able to do this. Maybe it is by design, or maybe it is defective. How much current can you draw from the supply when your are "able to get over 18vdc"? Does the supply voltage drop when you apply a resistive load? What is the voltage and current from the supply with various loads applied? What is the maximum current rating of the power supply? What voltage is the power supply
supposed to provide? Who is the manufacturer of this power supply? What is it's model number? What are the specifications for this power supply? From the little information you have supplied, it might as well be operating with magic. We don't do magic here.