If you mean the moving mass of the fly leg setting the loop into motion If you mean the moving mass of the fly leg setting the loop into motion then I agree with you.
Vince,
If that is how you see loop formation then we still are not on the same page.
I still do not believe you can push a string when it undergoes compression. Thus I don't think the moving mass of the line is responsible for creating the loop and setting it in motion.
Rather the loop is formed because one end of the moving line is tethered and thus a loop is formed to match those boundary conditions.
Again you could try to launch a length of line such that its forward end is detached from the rod and see what happens. I don't think a loop will be formed, and thus your limp maxi-javelin will not go very far.
Gordy