(CORRECTED AS OF 7/6/09)
Worsted cotton yarn, about 3 oz. (Striped cap in photo used Lily Sugar'N Cream in "Violet Stripes", pink cap used Moda Dea Washable Wool colour #4473, "Rose Pink")
-CO 80 sts, join, being careful not to twist
-Work in garter stitch for 3/4" (garter stitch in the round: K1 rnd, P 1 rnd).
-Switch to stockinette stitch and work 8 rnds.
-purl one rnd.
-next rnd: YO, K2tog around
-purl one rnd
-knit 5 rnds
-purl 1 rnd
-next rnd: YO, K2tog around.
-knit 3 rnds
NOTE: If you want more of a longer skully type thing, do a few more knit rounds, like 7 or 8 more. When you're happy with the length, begin decreases:
-k4, k2tog to last 2 sts, k 2
-k3, k2tog around to last 2 sts, k2
-k2, k2tog around to last 2 sts, k2
-k1, k2 tog around to last 2 sts, k2
-k2 tog around twice (You will have an uneven # of sts after last rnd. It's all good.)
-Cut yarn, leaving about a 10" tail, thread through all sts twice. Pull yarn to inside of beanie, weave in end.
If you find a mistake or have any questions, you can email me at: firstname.lastname@example.org