After I have placed a "Point" I go to the "Place Label" command and change the "Type" to "Text Favorite" and choose an option under "Favorite Name" and "Dimension Style". I'm then prompted to "Identify Element or DataPoint". When I pick the DataPoint on my point symbol I place earlier nothing happens. It doesn't recognize that I picked anything. I tried again by placing a line and then tried to place a label on that and again it didn't recognize the line. I tried different labels and always go the same results.
Any thoughts on what might be wrong?