ORIGINAL: davepjr71
I figured out that my anchor point was messed-up when I had the same problem you do. When I corrected that I've had plenty of adjustment. My problem was the peep was too low and when I moved it up a little problem solved.
Also, if you have the ME model you will want to set-up the adjustable bottom pin first. I made the mistake of ignoring the directions and set-up the top 3 and then found out my 50 yd+ adjustable pin wouldn't go up high enough.
This was my first thought, too. Your peep may be too low. Try adjusting it a little and see what happens. I had this same problem on my Mathews Outback and I adjusted peep up and things started working better.