Hey Mad Hat Man -
Thanks for the quick reply. I'm new to this, though love learning how it works.
I thought that the ignition light gets power from the ignition switch - positive - and the bulb is grounded inside the alternator. (I am thinking of it like the oil pressure switch and oil pressure warning light.)
Then, when the alternator is running because the engine is running the belt, the alternator feeds positive current back at the bulb through that same little wire, and that cancels out the current from the ignition switch - turning off the bulb.
So I guess I'm looking for clarity on what's really happening, so I know how to think about the ignition light when it is on or off.
Thanks!
Mike