Red Dot light!!!

Sounds like you need to do some simple diagnosis. You should own a dwell meter, timing light and a vacuum gauge. They are cheap but very useful tools. It does not take a lot of skill or know how to keep these old girls on the road. Get that manual and read through it. That will be your first biggest step.
Yeah your right. Every time I need to figure something out on this thing those tools mentioned are always needed. I’m just going to invest in some.