Nice report.

I have found that the best way to save the bonefish from the shark is to completely relax the line, no pressure at all and drop the rod tip down. The shark will loose interest and the guide can tell you when it is safe to bring in the fish. If the shark returns, simply let the line go slack again. To work, this requires close coordination with the guide.

Pulling them in as fast as you can and up in the water column is a sure way to feed the sharks. Your guide should have known that. Try it, it works.