I have figured out the problem! I have 3 points in my fuel line where I have psi gauges... one directly after the fuel pump, one at the fuel reg and one at the carb. Here is what I did.

Set the fuel psi to 5psi. replaced the 1cyl plug. set the float bowl level to just above the bottom of the sight glass. rejetted the carb 78 on the primary and 84 on the secondary. started the car and it seemed worse!!! Then, I noticed when I accelerated, the choke closed! The harder I accelerated the faster the choke was closing. I can't believe that all this time it was the choke. I turned the choke adjuster so the choke was under spring tension holding it open. I took the car out and it ran good. Pulled the 1cyl plug and it was white... time to work on the jetting! That's easy enough!