Well see where it gets to .050 lift at the lifter with 0 lash (or .075 at the valve with 1.5 rockers again 0 lash) should be 32 right now sounds like your reading the early ramp.

You numbers would indicate say 300 degree at 0 loft so about it for a 272 @ .050 cam.

My guess would be the dizzy is 180 out they are in phase 2 twice but only on compression once!