Marty, if you want a short answer, for the location you are asking about, you can set it up with 2 null points, but you will have a much larger tracking error at all the other points on the LP. By locating the radial arm at the end of the LTT these out-of-null points have a much-reduced error.
If you were to draw some circles representing the platter, and impose the radii of the two arm locations, you will see immediately what the problem is.
If you were to draw some circles representing the platter, and impose the radii of the two arm locations, you will see immediately what the problem is.