ignition switch ???

How does the ballast figure in? It should be bypassed/ removed.

The connection you are testing there has more load, normally that is, than just the ignition. It also junctions and feeds to the alternator field, the VR "ign" terminal, and possibly some underhood smog devices. EG electric choke, distributor retard, idle solenoid, and some other "junk."

IT MIGHT BE that your bulkhead connector is loose/ corroded and that you wiggled it just enough to "unmake" the poor connection. I'd start by pulling that apart and inspecting and repairing.
I'm measuring at the ballast connectors , where the blue and brown ignition wires would go into the ballast. these are the wires that would get tied together to feed 12v to the coil for the GM module. I was under the impression that when the ballast is bypassed I should have 12 in cranking and run. this car has no smog or any other real load other than what it takes to operate, such as alternator and ignition. it does still have the ammeter gauge . no a/c or any other creature comforts. I also unplugged/ cleaned/inspected the bulkhead and it looked very good.
thanks Del