Fancy Stitch Combo - Dropped Stitch Scrunch

Instructions for working this stitch: CO a multiple of 3 stitches, plus 2 Rows 1, 3, and 5 (WS): K2, *P1, K2*, repeat between *s to end of row Rows 2 and 4: P2, *K1, P2*, repeat between *s to end of row Row 6: P2, *allow next stitch (a knit) to drop off the left needle, and unravel it for 4 rows, so that there are 4 "ladder rungs" above it. Put your right needle into that stitch from front to back, and knit through that stitch. After you complete the stitch, you'll see that all of the "ladder rungs" are also caught up in the stitch, creating the scrunch, P2*, repeat between *s to end of row Bind-off after Row 6. Instructions for working this stitch in-the-round: CO a multiple of 3 stitches Rounds 1-5: *P2, K1*, repeat between *s to end of round Round 6: *P2, allow next stitch (a knit) to drop off the left needle, and unravel it for 4 rows, so that there are 4 "ladder rungs" above it. Put your right needle into that stitch from front to back, and knit through that stitch. After you complete the stitch, you'll see that all of the "ladder rungs" are also caught up in the stitch, creating the scrunch*, repeat between *s to end of round Bind-off after Round 6. Information on things you'll see in this video: The poncho on the mannequin is my Rodeo Drive Poncho, pattern + video tutorial: http://verypink.com/2013/12/20/rodeo-drive-poncho/ The scarf I'm wearing is called Hitchhiker, knit with Hazel Knits DK Lively: http://www.ravelry.com/patterns/library/hitchhiker The y