Another method I use and find easier after mastering the technique, is to light the end of your mono, and when the ball is approximately the size you are after, quickly blow it out. Then touch the end of the mono onto the fly were you want the eye located. A thin coat of head cement or varnish and you're finished. Works great on some patterns though on very small patterns it might not be applicable.
Below is an example. [url=http://www.hatchmasters.ca/goldsmalleyes.jpg:61020]http://www.hatchmasters.ca/goldsmalleyes.jpg[/url:61020]

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[This message has been edited by Salmonfly (edited 16 January 2006).]