I point mine down. Used to point it up but after a day of walking and sitting, it sometimes roll downwards. Depending on the undies, after sitting, my dick can point outwards and when I start standing, it pushes my dick into my body and it feels uncomfortable. Unless it is a nice hugging pair, I point it down. Advantage of pointing up, I get a noticeable bulge and hard ons are easy to hide. Advantage of pointing down, no need to adjustments but hard ons are definitely noticeable.