I went out and took a few pictures while trying to degree the pass. side exhaust cam. I actually set everything up on the pass. intake camshaft and was able to find the cam centerline with no problem so I'm guessing I'm missing something obvious and reading the degree wheel wrong.
This is a picture of the degree wheel with .050" lift rotating clockwise.
and this is a picture of the degree wheel with .050" lift in the opposite direction counter-clockwise. I actually went CCW .100" then clockwise .050" to take up any slack in the belt/tensioner.