Grosgrain ribbon looped over an elastic band or a piece of velcro from wallmart works good, too. Costs alot less.

BTW, has anyone seen flashes made of fur or hair?? I was thinking calf tail, horse hair, rabbit, etc. Almost tempted to look in a fly fishing shop for some materials to make something. Would fur flashes be be appropriate? Look bad?? etc.

Brushed Phentex might work as well... Some color choice there.