> Can i time my 81 statically?

Sure, especially if you need to.  With a voltmeter (or light bulb) attached
from ground to the wire that goes from the coil to the distributor, rotate
(adjust) the distributor so that at the instant when the engine is turned
(by hand) to TDC the voltmeter clicks to 12V (or the light turns on).  Make
sure the rotor is then pointing to the correct cylinder that is at TDC (may
have to take your valve covers off to determine).  I used this procedure
last weekend and got the timing within 4 degrees checked later with a timing
light - close enough to run!  Then I timed it using the light to be right
on.

Good luck,
Christopher Darilek