Abstract: A new and improved chemiluminescent fishing float device and method of using the device are described. The chemiluminescent fishing float is able to provide an above water chemiluminescent light source for use in visually locating where the float is floating as well as providing an underwater chemiluminescent light source for use in attracting fish towards the underwater vicinity where the float is floating. The chemiluminescent fishing float device comprises a chemiluminescent light stick that is slidably lockable into a central passageway of a bobber. The bobber also has a means for attaching onto a fishing line. Both ends of the locked in place chemiluminescent light stick protrude from the central cavity of the bobber, whereby providing the above water and the below water light source.