22 sts and 28 rnds = 4 inches/10cm in St st with larger needles. To save time, take time to check gauge.
Jogless Stripes: *Work first rnd of new color in established pat. On 2nd rnd of new color, slip first st of rnd pwise, then work rest of rnd as established. Rep from * at every color change.
Use Jogless Stripes technique at each color change.
Do not cut yarns; when not in use, carry yarn loosely along inside.
Using smaller dpns and A, cast on 76 (84, 100) sts; pm for beg of rnd and join, being careful not to twist. Knit 6 rnds. Change to larger dpns and knit 4 (6, 8) more rnds. Change to B; knit 5 (6, 7) rnds. Change to A; knit 5 (6, 7) rnds. Maintaining established 10 (12, 14)-rnd stripe pat throughout, knit 9 (11, 13) rnds. Next rnd: [K19 (21, 25), pm] 4 times.
This special hat, reminiscent of an old-fashioned nightcap, is so cute it can be worn anytime of the day.
Dec rnd: Change to B; [ssk, knit to 2 sts before marker, k2tog] 4 times—68 (76, 92) sts.
Maintaining stripe pat, rep Dec rnd [every 4 rnds] 7 (8, 10) times—12 sts. Next rnd: K2tog around—6 sts.
Cut yarn, leaving a 12-inch tail. Use tapestry needle to run tail through rem sts twice, pulling securely and then fastening off.
Cut 35 (6-inch) strands and 2 (8-inch) strands of B. Bundle all 6-inch strands tog and tie in center with 1 of the longer strands. Fold 6-inch bundle in half. Wrap 2nd long strand around bundle approx 1/2 inch below fold to form tassel. Trim ends and fasten to top of hat.
Weave in ends.