If you recently screwed the ignition cable into the distributor, you may have gone too far. If you twisted it until it bottomed out, that's too far. Back the head out two turns and try again. What happens is that the conduit end grounds the distributor and prohibits the spark from occurring at the points. While you are messing around with the cable, take it all the way out. With the key ON, touch the springy part of the cable (the end) against the distributor body. If it sparks, you're o.k. If it doesn't, the problem lies farther back, such as a bad switch or broken/grounded wire behind the instrument panel. If you do have spark when you touch the end of the cable against the distributor body, the problem then lies inside the distributor itself. But try backing the cable end out two turns first and see what happens.
Marshall