This is a pretty good video. A "Waggler Style" float has the line attached at the bottom of the float. It keeps the float in place on windy days.
Here is a picture of the Thill "Waggler" Float.
Google Image Result for http://images.cabelas.com/is/image/cabelas/s7_319430_imageset_01?$main-Large$
Here is a 10 minute video on Waggler Float Fishing
YouTube - stick float and waggler fishing


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