I have a 1987 Bayliner with a 350 engine in it.

I am not getting any spark to the plugs. It is a breaker points system.
Is the coil supposed to be hot with the key on at both the positive and
negative sides? I touched a test light to both the + and - terminals
and the light glows on both. I also touched the wire inside the
distributor and it is hot but the other side where the contacts touch
is not hot when the points are closed.

Any body know anything about this?

Thanks,
Bayman.