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Yes, it appears that your timing belt likely jumped.
But after putting in a new belt and tensioner (so it doesn't jump again), remember that you removed the stop on the distributor and turned it. Now you have to put it back the way it was. While the ECU does the timing in your '92 (eliminating all the centrifugal weights and springs, and vacuum-driven adjustments, that older distributors had) and the distributor is largely empty inside except for the rotor, you want the cap and rotor to be properly aligned at some nominal overlap so that electrical contact is maintained regardless of the ECU's timing adjustments. If you leave the distributor cranked all the way (as you wrote you did), there could be a situation where the rotor and cap contact isn't maintained and you'll have a miss.
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