There are Power Supply testers which work better than a person with a multimeter, maybe worth a try...
http://www.google.co.uk/products/catalog?hl=en&q=power+supply+tester&um=1&ie=UTF-8&cid=12386256364498125460&ei=UN1FTPX5MoH60wTmpdnBBA&sa=X&oi=product_catalog_result&ct=result&resnum=3&ved=0CCsQ8wIwAg#You may want to find the US equivalent. Power supplies provide the following voltages:
+3.3v
+12v
-12v (ground)
+5v
-5v (ground)
Check that all of the power connectors are plugged into the motherboard, disconnect all removable media and remove all PCI/AGP cards, then retry. The P1 connector needs to be plugged in, you may also have a P2 connector which extends the P1 to 24 pin. Make sure the P6 connector is also plugged in!
Also try removing stuff from the headers, and the indicator lights etc. These MAY be causing a problem.
As you are askance for help, I strongly recommend you use a proper power tester instead of trying to use a multimeter. Once you have tested the power supply, let me know and I will help further if the above does not help to fix your problem.
Thanks.