When I got the truck the ignition box went out the next day so I grabbed another one I knew to be good. The truck fired right up after that. I do not know if the problem was there then or not as I did not take it to the track for about a month to see what it would do.
I did just drill the cap and it looks to be firing about dead center of 1 and 8. Hopefully this helps out on figuring what I need to do next.
Oh yeah I have tried adjusting the timing up and down and it still acts the same.
Thanks Sam