Okay! It posted 28 hours after the online purchase. It took one fax and a call to Mileage Plan to have it finally posted.
The Alaska call cenre staff were really nice and helpful! She told me that it should have been instant, but there are times when it takes longer, but it should never take over 24 hours. She sent an urgent message to point.com that manages the service and my miles were posted half an hour later.
I immediately booked my Emirates F tickets..I AM HAPPY!