Just thought I'd give you all a follow up....
There were 3 major factors to my problem. I adjusted to much all at once and it gave me the same result as if I didn't do anything,making my rest be maxed out to the right. Second my paper holder wasn't exactly parallel to my target causing the arrow to enter at a little angle. Third, my release was twisting my string on full draw which also led to my peep problem. Switched from a Winn Flight c-10 to Tru-Ball Tornado w' 360* swivel head and solved the problem. Now I'm shooting awesome groups out to 40 yds.! THANKS everyone...