Electrical Problem. Battery Arching

[Jahred]

Finally thought I had the last gremlin out of this beast, but was out for a drive this afternoon and electrical system flat shut down.

I had recently driven the car 600 miles - Omaha to northern Minnesota and had trouble with the electrical system discharging. Installed a new battery on the way up and later had the alternator checked and installed a new voltage regulator.

Today when it shut down I thought perhaps it was a battery issue since I'd had to recharge both batteries in my trip up. When I went to reconnect a freshly charged battery both positive and negative posts would spark radically when connected. The spark was strong enough to create a melt/weld in the battery terminals when I attempted to connect them on each occasion.

Having it towed. Any thoughts? I suppose it suggests the main positive cable somewhere has worn and is touching frame or such?

What are chances I have an electrical system left?

This car has about six moving parts! Why can't I keep it running!

There goes the Wednesday Night Drags at BIR! Drats!