Watchlist drop-down text

I want to suggest the drop-down text for the Watchlist Notifications to be changed.

I've attached a screenshot on how it looks in present.

Step to get to the drop-down :

• Login as any existing user
• Go to Watch -> Watchlist from the top menu.
• See the frequency drop-down menu

My suggestion is to change the text from:

Scheduler.WatchListDailyNotifier
Scheduler.WatchListHourlyNotifier
Scheduler.WatchListWeeklyNotifier
<blank Field>

To:

Disabled (being the first option, and the default one)+
Hourly
Daily
Weekly

(in this order)