I'll just think out loud on the situation here.
First (and not meaning to insult), let's make sure that by weak, you mean that (if you're a RH archer) the bare shafts are flying to the right. Just checking to be sure!
I would think that 55# shafts left full-length (32") and drawn 27" would fall within a range of potential for proper flight. At a draw of 27" your 50# bow is shooting at about 47-ish pounds, but somewhere within those extra shaft inches should be a reasonable tune for that with 125 grain points. I shoot 125 grains, as well. I'd expect a full-length 55# shaft to be possibly weak, rather than strong.
I don't bare shaft without comparing to fletched. However, if your form is whacking the flight, I'd expect a fletched arrow to perform similarly to the bare shaft. Ergo the reason to compare with both fletched and bare.
Potential form problems to toss the arrow right include plucking the string with the draw hand pulling outwards away from the face rather than straight back. If your Hill has a straight grip, yet you are still have a recurve "hangover" and are using a more high recurve-like grip, this may be part of the problem, as well. I'll paste my mini-lecture on seeking a grip at the end of this post.
Until you are settled in with fletched flight to a moderate degree on a new style of bow, bare shaft tuning may be a study in futility. I don't bother to bare shaft with a radically different bow until I have some fairly well-guessed fletched arrows under some consistent control over quite some period of time. Then I can reference the bare shaft with a more established base to compare with.
My gut says: fletch up a number of arrows near and slightly higher then the bow's draw weight with the 125 points, leave them full length, and shoot like the dickens over the next month or so. Work only on form, and study (forum and books) what solutions are employed for a particular error you are encountering.
Once your shots become consistent and happily grouped within reason, then perform some bare shaft comparisons to see how the bares behave. Then you can minimally modify the fletched length, repeat the steady shooting regimen, and bare shaft again after a new level of consistency is achieved.
My own Hill quest was to find a suitably weak arrow. It was hard for me to grasp how different the Hill's nature was as opposed to a recurve. But once I crossed the hump, things smoothed out nicely. Those Hills are dandy shooters, for sure!
Here follows my mini-lecture on my technique to find a suitable grip. I hope it helps. Someone else may soon come along with more advice to get you rolling. In fact, I hope that many hop on board (hint!), for I always enjoy a good edumocation.
Gripping the Bow
I shoot a variety of bows with radically differing grips. After having similar frustration with what you mention, I took a different approach to gripping the bow.
I let the bow tell me the grip it likes. One way I get into the bow's ballpark is to hold it over my shoulder, limbs parallel to the ground, and allow the grip to balance into my hand where it seems to want to be. I bend my elbow to differing angles and hoist the bow about ... up and down and laterally backwards and forwards. I am looking for the natural fall of the bow into my fingers and palm.
I then replicate this grip with an arrow nocked and draw hand applying slight pressure on the string as if getting ready to lift the bow to take a shot. The grip hand may settle into a slight variation of the "over the shoulder hoist" at this point. I keep all my fingers touching around the grip loosely, yet securely ... none of the open hand or finger tactics.
Another tactic to observe a natural grip is to simply hold the bow comfortably by your side as if resting after a shot, with the string up, usually resting against the arm guard. Here's the catch ... using your comfortable grip from the "over the shoulder hoist", notice the natural way the bow wants to lean by your side without forcing the limbs to be parallel to the ground. Some bows will indeed naturally hang parallel to the ground, yet others may like to tilt forwards in varying degrees with the upper limb closer to the ground. This can reinforce the feeling of the natural grip for that particular bow.
I solved my Hill longbow grip conundrum by combining these two tactics. The traditional straight longbow grip had been giving me fits. One day I was holding the bow by my side and began noticing that it felt uncomfortable to carry with the limbs parallel to the ground. Further study showed that as I let the bow hand naturally relax, the upper limb would tilt closer to the ground. I readjusted my grip to fit that natural tilt, brought the bow to shooting position, and then readjusted my elbow angle to complete the feel. Bingo.
Which brings up the elbow bend. I'm not gonna step on conventional recommendations here, but in my case the elbow and grip hand must blend their natures. You can experiment with this on a bow using extreme angles to get a sense of what I am saying. The high-wrist grip (which I have abandoned) will easily allow for a very straight arm, including the not-recommended hyper-extension of the elbow forwards into the string path. As the grip moves in degree from high-wrist to low-wrist, I find that the straightness of the arm and angle of the elbow wants for a bit more "relaxation" ... in my case. I highlight "in my case" for each individual has differing bone, muscle, and tendon structure and my circumstances and comfort zones possibly do not apply to someone else ... and may actually be detrimental to them.
I observe the spectrum from Olympic, flat-handed, high-wrist, open fingered, straight arm shooters all the way over to the longbow, full-palm, knuckles-up, bent elbow shooters (crouching like a lion ready to spring upon its prey is optional!).
Your bow grip is somewhere between those two extremes. I hope my observations may help you find more comfort.