It sounds like you may be 180 deg out on the dizzy. Let's start like this:
1) Remove the distributor cap and turn the motor Clockwise from the front until the rotor points to the #1 spark plug. Check the timing marks and they should be close to TDC, within 20 degrees or so. Center up the TDC mark.
2) Now, remove the valve cover and look at your rockers. There 8 rockers, and we will call them #1 through #8 from the front for this step.
a) Jiggle the #1 and #2 rockers, they should have the lash you set...about .012". The key is that the rockers #1 and #2 should jiggle slightly .
b) Try to jiggle the #3 and #4 rockers. One or both should be locked in place and not jiggle at all.
3) If step 2 above is good, button it up and double check your initial timing. If step 2 above is backwards...i.e. #1 and/or #2 rockers are locked, and #3 and #4 are loose...then you are 180 degrees out on the distributor. If that is the case, turn the motor one turn clockwise to the next TDC...and remove and re-install your distributor so the rotor points to the #1 spark plug.
There are other ways to accomplish the above, but I think this is the quickest and simplest to get you going. Other things could be off, so re-checking valve lash might be worth while. Also, it's possible the timing marks are not accurate, as the pulley can be assembled out of phase too. If anything above does not seem right, then let us know and we can determine from there what is going on. Best of luck!