That's referred to as shooting from retention, and isn't really what is being discussed here. While many here prefer the pectoral index technique taught by Craig Douglas, shooting from retention has a legitimate place and purpose, and bracing at the hip with the pistol canted outward is still an accepted technique and widely taught.
That's different from point shooting in general, which is typically taught for targets not within grappling range. Within grappling range is where retention shooting is used.