Agreed, it looks like the engine in the picture should be sitting at TDC #6.
The indicators are: Your timing "dots" are facing or (crank at 12 o'clock and cam at 6 o'clock) Also, the crankshaft key way is close to the 2 o'clock position.
When the engine is at TDC #1 your "dots" will be up. Crank at 12 o'clock and cam at 12 o'clock. The key way on the crank if degreed "straight up" would be close to the 2 o'clock position.
Agreed, the only way to guarantee the engine will perform like you want is to beg, borrow, or buy a degree kit to verify the installation. Good luck, JD
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Good luck to the new owner of the Ventura II! Sold the car after 13+ years. Look for it on the Hot Rod Power Tour in the future as it's currently being re-configured as a Pro-Touring ride! 
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