I think the wire they are talking about...power for your lights, ignition and rest of the car. That power comes off a pigtail from the alternator. It is a red 10ga. wire that splits into 2 red 12ga wires. One red is for your lights, and the other red is for your ignition, radio, power locks ect..
I think the Olds 403 had a little different harness where it pulled cabin power off the main starter cable rather then the alternator.