I have a 1995 Pontiac Grand Prix and there is a fuse link wire coming off the alternator but I'm not sure where it goes... can anyone help?

On some vehicles, an alternator wire, connected to a 30A fuse, for instance, leads into the Mega Fuse (175A, for instance), which is located at the end of the under-hood fuse box. You need to get a manual for you specific vehicle. A lot of damage can be done, if alternator wires are hooked up incorrectly. CaptainRich may see this posting and be able to provide a diagram--he's good about that.