Pattern has been redone as Sunshower Shawl

From the Knit Picks Website:
This is a fun pattern that has been said to be magic! Knit this shawl from one end to the other with the simple dropped-stitch pattern. When you finish, unravel stitches along the edges to create the beautiful fringe. This is a great shawl to wear with any outfit. Pattern comes with color photo and step-by-step instructions. Knit in City Tweed DK Tabby.

Knit Picks pdf modified September 24, 2009

Yarn:
Knit Picks City Tweed DK
(55% Merino wool, 25% superfine alpaca, 20% Donegal tweed; 123 yds/50 g):
Tabby 24550, 4 balls.

Needles US 8 (5.0 mm): 32” Circular.

Notions
stitch markers

From the pattern:
This shawl is knit from one corner to the other with a built-in garter-stitch border along the top and looped fringing along the bottom edge. Because you are working from tip to tip, you don’t need to worry about gauge. (When substituting yarns, use a needle two sizes larger than recommended to make the fabric light and drapey.)