I used a 3oz egg sinker on the line side then a red plastic bead then tied that to a black swivel. I then tied 3 to 4 feet of 30# flouro leader to a 5/0 circle hook. When the tide really started to rip i doubled up on the sinkers putting a bead in between so they wouldn't slam together and it didn't seem to spook the fish at all. One thing worth mentioning that i learned is when you let out the line to get it to the bottom, take your time and do it slowly so the eel trails down-tide from the sinker or it gets all tangled as it spirals down.
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