No, stop screwing the pooch and picture what Ted Callaway saw.
Oswald had the gun in his hand as he fled the Tippit scene:
Mr. BALL. And how was he holding the gun?
Mr. CALLAWAY. We used to say in the Marine Corps in a raised pistol position.
Mr. BALL. That would be with the muzzle pointed upward, and with the arm bent at the elbow, is that right?
Mr. CALLAWAY. Yes, sir; just like this.