Holy crap I wrote that? I didn't even realize I made that mistake.
Yes tomvw you are correct. Take it a step further, I should have not used 12 o'clock as reference either.
When everything is lined up properly (mark on the crank to tdc mark and the marks on the camshafts with the marks on the cam caps) it should be as the picture shows. Two small holes to the outside / or two large holes to the inside.
However, at any given time the following applies.
Quote from tomvw "The small hole on one side should always be at the same time as the large hole on the other side."
I owe the forum an apology here I guess. Sorry for typing something misleading.
And to tomvw, thanks for calling me out.