I have always read that the 27degrees advance mark is the RED one (I have a 914 1,7 -72) and was happy to find it at once when timing my engine for the first time. However the car run badly, bad idle and bad response. After a lot of work and re-timing I discovered a second RED timing marg 4,5 fan blades from the first one. Both marks are visible only at the rear of the timing hole i.e. hardly impossible to see.
After re-timing to the new mark my now car runs perfect - you never stop learning...
/Lars S
1st red timing mark found
2nd red timing mark found