thanks for all the advice guys i will take it all into consideration as im tooling with this thing, i got all weekend now<~~~pleashing out and not happy about it at all...i got so discouraged with the boat it just made me sick so i quit, anywho the ballast resistor was getting 11.65 going in and like 8. something coming out...im figuring that the points are grounding out or something when the dizzy is hooked up to the coil it doesnt get power to the neg. side of the coil when unhooked it does get power 
IDK this effing thing is going to be the death of me
The points are wired between ground and the negative side of the coil. When the points are closed, 12 volts DC is running through the primary side of the coil. This builds up a magnetic field around the coil primary.
As the distributor rotates, the points open, breaking the circuit between the coil negative and ground, which causes the primary side of the coil to lose power. This is where they get the name "breaker points" because they "break" the coil primary circuit. Once the points open, the primary side no longer has DC current running through it. This causes the magnetic field around the primary side to collapse. This collapsing magnetic field induces a much larger voltage into the secondary side of the coil, which is then fed to the center contact of the distributor cap, which then feeds it to the spark plugs via the rotor contact inside the distributor.
Just like what was mentioned above, with a continuity light hooked to the negative side of the coil, you should get a flashing light as you crank the motor over as the points open and close. If you're not getting that, check and make sure the points are opening and closing. If they're not, the coil will not spark.
