Hello,
A picture is really worth a thousand words.
The 2 black wires are not grounds but actually supply power to the ignition switch and fuse block and they need to be connected to the same post as the battery wire at the starter.
The red wire from the ignition switch that you have plugged into the starter solenoid needs to be moved to the terminal on the solenoid that is under the post that the battery wire and the 2 black wires are attached.
Speaking of grounds, make sure you have a good ground strap that goes between the body and the engine before starting or you water temperature gauge capillary tube or you choke cables become the ground source which is not good for either.
The stock location for the ground strap is on the passenger side of car attached to 1 of the bell housing bolts.
Good luck!
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Eric Hi Performance Automotive Service (formerly OVO or Old Volvos Only) Torrance, CA 90502
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