Hot Creek is low and still cool and nevertheless fishing very well.  There are weeds, yes,  there is also a ton of fish that are always there and are still there! Caddis and Tricos seem to be the ticket on the surface as dry fly action can be found in almost every bend and run throughout the day.  We hope for dry fly fishing when Hot Creek is this low and weedy.  It is also the time of year for large bugs to be blown into Hot Creek making fishing with large attractor patterns successful.  #12-14 Fat Alberts and Foam and parachute hopper patterns #10-14 are just  a few examples.  For the small bugs try something like Thorax Tricos and CDC Tricos in #20-22, Small Henrys Fork and Hot Creek caddis #18-20, Fertile Caddis #20. Trico emergers and midge emergers in #18-22 are a couple of patterns that will take fish under the water on a short nymph rig where you  find a weed free nymphing spot.