Thanks BGfisher, now I have a couple of starting points to work on,
First, the last thing you mentioned I now realize I was doing wrong. I was moving the dial/sight the wrong direction.
Looking the sight up at Cabela's, I now see the correct way the tape is put on the dial, my mistake, I thought it should go up.
Here's the sight:
http://www.cabelas.com/bow-sights-pr...ro-sight.shtml
I like it, it's clear as opposed to some, and lights up the pin good in low light conditions. Just not much of a manual for a guy like me.
Second, I moved my peep down to the first rotation of the string from the second. Now it is only 3 and 1/2 inches up from the nock.
That may be too low, maybe I will move it back up and try to sight in at 25 yards, to start instead of with only 5 yards-basement.
Thanks for your help, now maybe I can get back on track. JW