For the record, there are several lyrical interpretations on the first few sentences of that song (Night Moves) if you check the lyric sites. Below is my interpretation which is of course correct.
I think "points" meant hip bones protruding from your tight blue jeans in 1982. Your tight bod.
Many of you have points now. Well not many, but a couple of ya.
Aaah yes, points.
i was a little too tall
could've used a few pounds
tight pants, points
hollering out
i'll bet MP has points
