Yep easy fix, simply replace your burned up timing light with an advance timing light, set the dial to what you want for your total advance, bring the rpm's to about 3,000, rotate the distributor until it reads "0" on the harmonic balancer. YOU'RE DONE.
See the pic below for an advance timing light, lots of manufacturers make these and they can be had for as little as $60.00.
Zip.
