And here's the new version. A little bit more sophisticated with a touch of glitter.
And here is the pattern:
MAXIMA PONCHO
Yarn:
Color A: Classic Elite Kumara # 5716 - 3 skeins
Color B Manos Maxima #M8881 - 1 skein
Color C Berocco Flicker #3334 - 1 skein
Size when finished: Neck is approximately 20" around, bottom of poncho is approximately 75" around and poncho is approximately 20" long.
Gauge: 4.5 stitches = 1 inch with larger needle.Needles: 16” and 47” Size 8; 24”, 32” and 47” Size 9
As poncho increases in stitch count, change to larger length needle to accommodate number of stitches
Increase round: * K1,M1L, knit to one sttich before marker. M1R, K1, SM, , repeat from * 3 more times, end K1
With color A, cast on 100 stitches. Place marker and join to work in the round on 16” size 8 needles
Work K1 P1 Rib for eight rows
Change to 24” Size 9 needles
Knit entire row, placing markers every 25 stitches using a different color marker for these 3 markers,, so you know which is the beginning of the round.
Knit one increase round
Round 1: Change to color B and Knit entire round.
Round 2: repeat increase round.
Round 3 Knit entire round
Round 4 repeat increase round
Round 5 Knit entire round
Round 6 repeat increase round
Round 7 change to color A and knit entire round
Round 8 Repeat increase round
Round 9 Change to color C and knit entire round
Round 10 *P1, M1P purl to one sttich before marker. M1P, P1, SM, , repeat from * 3 more times, end P1
Round 11 change to color A and knit entire round
Round 12 Repeat increase round
Repeat these Rounds 1-12 for 3 more times
Round 13: Change to color B and Knit entire round.
Round 14: Knit entire round
Round 15 Knit entire round
Round 16 repeat increase round
Round 17 Knit entire round
Round 18 Knit entire round
Round 19 change to color A and knit entire round
Round 20 Repeat increase round
Round 21 Change to color C and knit entire round
Round 22 PURL entire round
Round 23 change to color A and knit entire round
Round 24 Repeat increase round
Repeat rounds 13-24 2 more times.
Round 25 Change to color B and Knit entire round.
Round 26 Knit entire round
Round 27 Knit entire round
Round 28 repeat increase round
Round 29 Knit entire round
Round 30 Knit entire round
Round 31 change to color A and knit entire round
Round 32 Knit entire round
Round 33 Change to color C and knit entire round
Round 34 PURL entire round
Round 35 change to color A and knit entire round
Round 36 Knit entire round
Repeat rounds 25-36 2 more times
Change to 47” Size 8 needles and K1 P1 rib for 8 rounds. Bind off. Add fringe if desired.