Sorry guys, took so long to answer.

1. Yes, that is the Trout Magnet I am using.

2. If the action is both the wiggle and the horizontal fall, then yes it is the action.

3. Point(s) I still cannot believe:
A. Shad, never caught a shat before, why would this thing catch shad.
B. Bass from hatchlings to mature, again, why?
C. Gills, what about this appeals to 3 different species of fish.

4. Fished this pond MANY times w/ wooly boogers etc and done great, but never to the extent and range of size and types of fish, something is definately up.