Oh come on...re-read chapter 595 from
RIGHT TO LEFT.
okay look. 1st this happens..
naruto creates a mini tbb and runs at tobi. While kakashi activates his MS
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see here as naruto holds the mini tbb waiting for an opening.
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At this point, naruto is trying to hit tobi with the tbb. at the same time, kakashi tries to warp Gedo's head off, tobi notices notice the "!!" above his head.
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and it looks like its going to warp of its head, but then it stops. Tobi then states "dont get optimistic." meaning, "Dont get your hopes up." and thats the reason for the "!?" above kakashi's head. Meanwhile, naruto finally sees an opening and tries to hit tobi, but as killerbee states, tobi has vanished. They dont refer to the Gedo as a "he"
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you can still see the Gedo in the background in the same place.
and he didnt go intangible or else he would still be there, he warped himself and appeared from underground.