Elmer's Slide-All is microscopic particles of Teflon in an aerosol base. I've had excellent results using it to lubricate Grafmatics. Spray the lubricant on the parts of the holder where friction occurs. Once the propellant has evaporated, it's easy to see there the Teflon is distributed. Wipe off any overspray. If applied too heavily, it will build up, which you don't want. You might buff it lightly. When I first tried this on a Grafmatic the difference in operation was amazing.
I've used it in a similar way on older film holders, spraying the darkslide lightly, allowing it to dry and then buffing it. It cured the problem of balky darkslides. I did make sure to buff it out, though, so there would be no residue to accumulate in the light trap and eventually cause problems.
Be very careful if you try to use this product on finished wood surfaces such as camera rails. The propellant contains acetone (among
other things) which will dissolve the wood finish.