Timing issues

Hi guys! I'm brand new to Mopars and the forum, so please have mercy on me.
Here's the car: 71 Demon 340, 4 speed and I THINK...3:21 rear end. 8 3/4 of course.
Weiand intake, Holley 700 DP and Mopar's Purple 509 lift cam.
Only own it a week or so and it's soooo cold blooded on cold starts, but seems to run pretty good after warmed up. Very torquey, nice throttle response. Just didn't seem to have the top end it should.
Today I put a timing light on and can't even see the TDC mark. Fiddled around and finally figure out the initial timing is 20 degrees AFTER TDC idling at 1100 RPM. I'm thinkin' "no way".
So I retard it down to right around TDC. Go for a ride....seems ok but, but maybe not as torquey. Gonna try a cold start tomorrow and see what happens.
Not sure if the mark on the wheel is off or the the cam(kinda radical for me) is affecting timing.....basically what I'm askin for is HEELP!
All kidding aside, any help would be greatly appreciated.
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