Oswald in the doorway: the blog of the Oswald Innocence Campaign, by Ralph Cinque

No, Punk. My analysis about the arrow is spot-on. 

Ball told Lovelady to draw his arrow in the black. And Lovelady mostly complied. He drew it in the black space of the enclosure of Black Hole Man's arms. 

Lovelady took his cue from Frazier and drew his much smaller arrow at the same angle. Most of it is in the black, but we got lucky that the tail end of it overlapped the flesh-colored forearm- unless Lovelady did it that way on purpose, to leave a tell-tale sign, which is an interesting question. 

And, I think it's very likely and a fair assumption to say that somebody took the felt pen afterwards and smeared through the head of the arrow so that it could not be ascertained even on close inspection. But, there was no doing away with that tail of the arrow on the forearm. That they had to live with. 

And as you can see above, there is just one arrow on the left. It looks whole; it looks intact; and it looks like one completed arrow and certainly not two. 

And again I'll point out that nobody except the punkster has ever tried to say that it's two arrows. It takes a punk to sink that low.