fisherman,
you're wrong.
Drag has some influence but gyroscopic stabilization can easily make a bullet stay in the same attitude throughout the flight.
A 1-10 twist applied to a 175 gr bullet will ensure that it maintains the same attitude throughout the flight, to over 1600 yards A 1-12 twist will allow the same bullet to "go into trail", somewhere around 1100 yards and often closer.
Thats why long range shooters use the absolute minimum amount of twist necessary to stabilize the bullet, so it will stay noze first. It is not at all hard to stabilize a bullet enough to keep it on attitude as opposed to in trail. When you go looking for target barrels you can find all kind of oddball twists available, everything from 1-8 to 1-14 in 30 cal just to meet the precise need to keep a particular bullet in trail.
Sam