For what it's worth, I don't use rubber bands on mine. I went to the local ACE Hardware and bought a rubber O-ring (I think 2.5" diameter, but will check later at home). Just one and it is much beefier than rubber bands. It has enough stretch in it to wrap around the hooks, but beyond that, it doesn't expand. A gentleman at the NATS had a Monolog too and showed me that method. Seems to be working just fine.
Kevin