Darrell
The Y block firing order is 1-5-4-8-6-3-7-2
To adjust the rockers simply with both rocker covers off and the spark plugs out (not really necessary but it makes it easier to turn) rotate the engine slowly until both rocker arms are both moving on any particular cylinder ie the exhaust valve will be just starting to close (coming up) and the inlet valve will be just starting to open (going down).
When you have these so that they are both "rocking" at the same position, then the opposing firing cylinder will be on TDC and ready to adjust the rockers.
eg if you have started on cylinder 5 and have both rockers rocking, then cylinder 3 will be on TDC and ready for you to adjust.
After you adjust cylinder 3 and start to rotate the engine again, then the rockers on cylinder 4 will start to "rock" and you can then adjust it's opposite number, cylinder 7.
So just follow the firing order around the cylinder and don't worry about timing marks etc because if the camshaft is correctly installed in the engine then this method is foolproof and can never be wrong.
Gary - 1958 Star Customline and 1940 Ford Deluxe Hotrod