>>>and if it reads full instead of empty, or vice versa, reverse the wires.....Mike
No No No, please don't do that.
Here's the scoop:
Looking at the gauge as it mounts in the dash, the power feed wire connects to the top terminal. This is usually a strap connecting the top terminal of the oil pressure gauge.
The lower terminal on the gauge connects to the wire feeding the sending unit. This wire is grouped with the taillight wires and runs to the back of the car. Connect that wire to the center terminal on the sender.
Although it was not needed when the car was new, it makes good sense to connect a grounding wire from one of the outer screws on the sender to a point on the frame. The sender needs a good ground and unless you provide one the system may or may not work.
All connections should be clean and tight.