69 340 timing chain questions – help!!

OK guys,
Most of you have been following my problems with my 340 stumbling and bucking. I finally threw in the towel and pulled the timing chain cover off to see if I installed the chain wrong.
What I found was the CAM timing mark at 12 O clock, and the CRANK timing mark also at 12 O clock. I pulled off the drivers side valve cover, and both valves for cylinder #1 are closed indicating compression stroke.
I then pulled off the distributor cap, and the rotor is pointing at #1 terminal on the cap.

All looks AOK to me, except I remember putting the CAM timing mark at 6 O clock, and the CRANK timing mark at 12 O clock per the instruction manual diagram.

Is the chain installed correctly as is?

If you need pictures, now is the time to ask for them as I didn't remove or change anything from my initial installation.

PLEASE respond if you can help.

Thanks in advance,
George
Author: admin