Well I started striping the motor down of its good parts to save and as I got the valve cover off I noticed that the timing chain was SO loose on the gears that I could almost take the chain off the gears by hand. I noticed that one of the nylon tenseners were gone and the chain had been hitting the valve cover and rattling off the block which would explain the rattling knocking noise I heard on the upper end. I am almost done changing the chain and hope the car will now run good. I will kepp you guys posted.