Calling all 5sfe's!, No spark! Options

[AllTrac96]

Well I am finishing the installation of my freshly rebuilt 5s all the fluids are in and I make the first attempt to start it. It cranks but doesn't fire. I have NO spark. The distributor is freshly rebuilt with the timing set correctly. I checked the ignitor with a voltage meter and it's reading as it should. My big green book says that the next thing would be the crank sensor but a new one is like $90 dollars so needless to say I don't want to go wasting money. I just want to know what you guys think the issue could be. All help is appreciated.

[alltracman78]

I'm going to go out on a limb here....

If you have a dist, you don't have crank sensor.
You have a cam sensor, and it's part of the dist.
Which isn't sold as separate parts and is somewhere over $200.

Also how can you set dist timing if you have no spark?

Have you checked to see if theres any spark coming out of the coil?