In the latest issue of Fly Tyer, Ian writes about the paraloop style.

I tried it for the first time.  Since I don't have a gallows pole or the
want to make one, I simply rotated my Traveler so the fly is upside down.
Using the Quad Turbo dubbing twister with hackle plier attachment, I use
this to hold the floss with the help from gravity down.  This worked
surprisingly well.   

I really enjoy tying these flies...You can now really make some neat dubbing
combinations...

Has anyone tried it with CDC?  Does it work well?

How do Paraloops fish?  This is what I want to know.  Looking at the fly, I
don't know why I would use a traditional dry fly anymore.

I would very much like to hear from other paraloopers.  Has there been a
paraloop swap yet?  

I will host if there is interest.

15 swappers  Due date May 31st.

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