The timing pointer is cast into the front timing cover and it might be hard to see especially if there is a thick coating of muck on it. Check out the picture of the front timing cover on the website below.
http://212.247.61.152/us/main.aspx?page=article&artno=418693
I'm going to say it again, even if the vacuum pressure sensor holds vacuum and the resistance tests specs out, it can still be faulty and can keep the car from running.
I went through my collection of sensors and found a good used "010" that held vacuum and then I tested it on our 1971 and the car fired right up and ran.
If you want to use it as a loaner, contact me through my website's Contact page.
http://hiperformanceautoservice.com/contact_us.php
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Eric Hi Performance Automotive Service (formerly OVO or Old Volvos Only) Torrance, CA 90502 hiperformanceautoservice.com or oldvolvosonly.com
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