I finally decided it was time to buy an oscilloscope. I ran across a Phillips PM3217 on ebay for what seemed to be a good price, the seller couldn't test the thing because "he didn't have any probes", so it was offered as is. The two traces were confirmed to at least display and move about, "what could possibly be wrong with the thing", I thought. So I get it in the mail and the first bad sign is a notable rustle of what sounds like something broken. I open the shipping box and the front cover, which is supposed to protect the front panel controls, has been shattered into many plastic pieces. Also, the distinct smell of burnt electrolyte fills the air.
Long story shortened, There was a blown capacitor on the power supply and the trace could only be displayed in the bottom third of the CRT screen. *sigh* Lessons hard learned: Taking risks on eBay is rarely worth it.