How can I can I cast a ray from a gameobject?

So I'm trying to cast a simple ray from the spawn object, because when I tried to instantiate a bullet and fire it, it didn't work. So I decided to use a raycast instead, but it doesn't seem to work. In this scrpt I have it so that a ray is fired, and a linerenderer shows the position of where its fired, but the linerenderer doesn't move when clicked. Any help would be greatly appreciated, here is my script:

 #pragma strict
 
 var c1 : Color = Color.yellow;
 var c2 : Color = Color.red;
 var objecthit : GUIText;
 var lineRenderer : LineRenderer;
 function Start() { 
      lineRenderer = gameObject.AddComponent(LineRenderer);
      lineRenderer.material = new Material (Shader.Find("Particles/Additive"));
      lineRenderer.SetColors(c1, c2);
      lineRenderer.SetWidth(0.2,0.2);
      lineRenderer.SetVertexCount(2);
 }
 
  function Update () {
         var fwd = transform.TransformDirection (Vector3.forward);
         var origin = transform.position;
 var direction = transform.forward;
 var endPoint = origin + direction * 100000;
 var hit : RaycastHit;
 lineRenderer.SetPosition(0, origin);
  if(Input.GetMouseButtonDown(0) || (Input.GetMouseButtonDown(1)) || (Input.GetMouseButtonDown(2))){
         if (Physics.Raycast (transform.position, fwd, 10)) {
             print ("There is something in front of the object!");
             objecthit.text = "You Hit: " + hit.collider.name;
         }
     }
     }

I thought I knew Unity well, an I'm not a beginner, but I guess I just forgot quite a bit of the basics.

Oh and I don't mean camera screen point to ray I have to have the object fired from the spawn point (the tip of the pistol) because of how I control the game.

Thanks again,