Charles,
You are not going to like what I am about to tell you about getting your pump timed on the exact 24 degress BTDC. From what you have described, your injection pump is badly out of time.
To do the timing the correct way, the pump will have to come off. And that means the oil filter cannister will have to be removed in order to make room for the pump to move to the rear enough to get the pump off.
To reinstall, set the toothed drive so the missing tooth lines up with the mark on the pump. Snug the nuts up that hold the pump on,but don't tighten them. You might need to remove the pump and reallign it.
Now you can do the drip timing.Once Your are on 24degress BTDC, tighten all nuts holding the pump on.
If everything else on your engine are up to specs, your car will start much better,run better and smoke very little.
One other thing. Make sure you are on the compression stroke of number one cylinder when timing the pump.
Bill Lewallen Lexington,Ky.