Abstract: A method and apparatus for precisely positioning various components of a compound bow is accomplished through the use of a device which adjustably, but securely, holds a compound bow in either a vertical orientation for the positioning of the nock or a horizontal orientation for the positioning of the arrow shelf, sights and pulleys. The method and apparatus of the present invention effectively alleviates the built-in inaccuracies in shooting an arrow. More specifically, the user can accurately position the nock on the main bow string, precisely align the arrow shelf with the main bow string, accurately align the sight bar on the bow with the peep sight on the main bow string, and check the accuracy of the alignment of the pulleys.