By "static/base" do you mean loosen the distributor and rotate it slightly clockwise a bit? I don't have a timing light, so I'd have to just tweak it and see what happens.
Yeah, that's it -- how much advance is dialed-in for the dizzy itself at idle, before centrifugal/mechanical advance and vacuum advance kick in. BTW, your local AutoZone / Advance / O'Reilly's may have timing lights available for loan/rental.
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