Did you install the distributor this way?
If you did, and still can't set set the timing, the timing chain may not have been installed correctly by whomever rebuilt the engine. Some people just think a t-chain is a chain, and don't pay any attention to the timing marks on a 22r(e), which wouldn't really matter if one side wasn't longer between the marks than the other.
Did you check the compression?
I did make sure the marks were lined up before I reinstalled the distributor. But I can triple check that to be sure. I personally have not checked the compression but my brother in law said when he did it that it was higher then it was supposed to be. I will find out for sure what the numbers were
