HDG TRACK ALTDEV ALT OVERSHOT IN CLB.

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ALL COMPANY PLTS ARE TYPE RATED AND WE SWAP SEATS EACH LEG. I WAS PIC IN R SEAT. FIRST TIME WITH THIS FO. DEP CLRNC WAS RWY HDG 300 DEGS TO 1400 FT OR 1600 FT; TURN L TO 180 DEGS. WHEN TOLD TO TAXI INTO POS AND HOLD; I XCHKED FO'S HDG BUG TO SEE IF IT WAS SET TO RWY HDG; OR 180 DEG. IT WAS NEITHER. IT WAS SET AT 270 DEG. AS I STARTED TO SAY SOMETHING TO HIM WE WERE CLRED FOR TKOF. I CONTINUED WITH RWY CHKLIST ITEMS. VERY SHORTLY AFTER TKOF WE HAD A HDG COMPARATOR LIGHT; AT WHICH TIME I NOTICED WE WERE GOING THROUGH ABOUT 1800 FT. I TOLD HIM TO TURN TO 270 DEGS (THE LAST HDG I SAW ON HIS BUG!!) HE DID THIS. HE LATER STATED THAT HE KNEW IT WAS A 180 DEG HDG AS WE DISCUSSED IN THE PRE TKOF BRIEFING; BUT DIDN'T SAY ANYTHING. WE SWITCHED TO DEP AND TRIED TO FIGURE OUT WHAT HDG WAS GOOD. BY THEN I ALSO REALIZED WE SHOULD HAVE BEEN ON A 180 DEG HDG AND STARTED TO TURN TO 180 DEGS. ABOUT THIS TIME DEP ASKED US OUR HDG TO WHICH I REPLIED TURNING TO 180 DEGS. A DISCUSSION STARTED AS TO WHAT TWR ASSIGNED US; AND I TOLD THEM 180 DEGS. THEY THEN GAVE US FURTHER L TO 160 DEGS. NO SAME ALT TFC WAS ISSUED SO I DON'T KNOW IF WE WERE CLOSE TO ANYONE OR NOT. NO FURTHER COMMENTS FROM DEP. DURING THIS FLT I WAS FLYING WITH A VERY BAD COLD. NO MEDICATION; JUST FEELING ROTTEN; NOT THINKING AS QUICKLY AND CAREFULLY AS I SHOULD HAVE. THAT WAS THE FIRST MISTAKE. SECOND WAS NOT CORRECTING THE FO'S HDG BUG. WHEN THE DISTRS STARTED; I JUST CALLED OUT THE LAST THING I SAW. ALSO; THE DEP CLRNC WAS COVERED BY THE ARPT DIAGRAM SO I DIDN'T HAVE A QUICK REF TO IT. AFTER WE GOT HOME I CANCELED MY NEXT TRIP BECAUSE OF SICKNESS. NOT 100 PERCENT. I AM NOT GOING TO COUNT ON MEMORY FOR CLRNCS; THEY WILL BE WHERE THEY WILL BE EASY TO GET TO. ALSO; I PLAN ON ADVISING ALL FO'S I FLY WITH TO SPEAK UP IF THEY THINK SOMETHING ISN'T CORRECT. STRANGELY; THIS FO JUST RETURNED FROM COCKPIT RESOURCE MGMNT TRAINING. YOU WOULD HAVE THOUGHT HE COULD HAVE SPOKEN UP. STILL MY FAULT THOUGH.