1988 "CC" Colt / Junior thru 8 Models Service Manual, P/N 507659, Page 148Get this manual
Indexing Flywheel, Erratic Ignition2.5 thru 8 Internal power pack problems could cause power pack to fire erratically or continuouslyTo troubleshoot this situation, you must determine that each cylinder is firing at the correct time and no more than once per revolution1Disconnect the high tension leads and remove all spark plugs292 Place the eraser end of pencil in the No.2 spark plug hole and slowly turn the flywheel by hand in clockwise direction until the greatest length of the pencil is outside the spark plug holeThis indicates the No.2 piston is near TDC
Make mark on the flywheel rim directly across from the timing pointerLabel this mark, "No2