I suggest checking your centrifugal advance mechanism to see if it is sticking or is frozen. Your distributor specs are the same as 1972 - 73 2.4 engines in this thread:
http://forums.pelicanparts.com/showthread.php?threadid=5432&highlight=distributor+lube
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Warren Hall, Jr.
1973 911S Targa ... 'Annie'
1968 340S Barracuda ... 'Rolling Thunder'
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