Points are simply switches on the ground side of the circuit. Closed points build "power" in the coils and open points collapse the "power" and send a spark. It is perfectly normal to have voltage at the points when they are closed, they are grounding the circuit. When they are open, they will not complete the ground. It is common to have a failed condensor on these that causes all sorts of problems also. Failed closed and they short, failed open and you get sparking at the points and erratic firing. I hope this helps.