First Time Start....Melted Wire....Help

318 LA engine, new electronic ignition system, alternator, coil, plugs, wires, also a completely new under hood wiring harness intended for use with a electronic ignition...Turned the key and started the car for the first time in over 2 years. After priming the carb a little, engine started to run! Victory! My satisfaction was short lived. Once the engine started to run on its own, I started to see some smoke from the battery area. The secondary power wire from the battery started to melt from the battery post backwards towards the firewall. Luckily, I was able to quickly pull off the terminal and prevent any really significant visible damage. Only a couple of inches of insulation was melted away from the wire. I also noticed from the corner of my eye, when the car was starting, I thought that I saw some sort of spark coming from the general vicinity of the new alternator. I am using a new alternator with a 2 wire connection and the external voltage regulator. The electronic ignition system has 2 small wires for the alternator as well as the primary feed, blue and green. I used the blue wire, wrapped up the green. I am pretty sure my wiring to the bulkhead is correct. My thought is that I might have plugged in my ballast resistor backwards. I understand that there is a "run" and "start" position. There are 2 wires going into each side of the ballast resistor with a connector that could be installed opposite of what I have done. Is this a likely issue or can anyone give me some thoughts about tracking down my problem. I have included some images of the bulkhead wiring, ballast resistor and battery. Thanks in advance, I'm getting close here! IMG-0163.jpg IMG-0162.jpg IMG-0164.jpg IMG-0165.jpg IMG-0166.jpg IMG-0167.jpg