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I use my camera in the "down viewing" mode. I set it up about 5' above where the fish are cruising and I can see all the fish that are within about 3 feet of the jig. Watch them approach. Watch them suck it in. Watch them spit it out and leave. Not a quiver on the strike indicator. However if you set the hook while it is in their mouth, you got 'em. I LOVE my camera.
You set it up in a different hole than what you're fishing in, correct?