1) remove the number 1 spark plug
2) remove valve cover for drivers side
3) rotate engine over and watch the valves for number 1
4) when intake valve closes align the timing marks at 0 degrees
5) note position of number 1 plug wire on distributor cap
6) insert distributor so the rotor is pointing to the number 1 wire position(it will rotate as it drops in)
Make sure that when everything is set at 0 degrees you have equal movement (rotation) of the distributor in both directions, this will allow adjustment for timing. You can reset it 1 tooth at at a time to fine tune where the distributor is set. You may have to roll the engine over a little to align the distributor and oil pump drive shaft, this will make the distributor drop in the last 1/4".