I tied this prior to a bonefishing trip to the Exumas last summer. The primary material is palmer chenille trimmed on the bottom and sides. I vary the colors from pearl to tan and brown depending on the bottom color.
This is a great fly for tailing fish in skinny water. You can adjust the sink rate by tying with either small bead chain or plastic eyes. I like to use centipede legs but any of the rubber leg materials will work. Simple to tie and a lot of possibilities for variations.
Drop me a note if you have a chance to try some on your next bonefish trip.