A
raglan shaped summer short sleeved wide necked top. Work this as a
short pullover, a longer tunic, or even a summer dress! The fabric
is very nice and drapy, and will fit your shape without being overly
clingy. I am displaying a large size on my medium self, knit of 5
skeins of ribbon. It is approximately 27 from nape of neck to
sweater bottom. Each skein yields about 6 of length.
Yarn stingy alternate directions: One way to not worry about running out of yarn is to start this sweater midway. Either work a provisional caston for the sweater body or else cast on normally with waste yarn and knit a round or two (the waste yarn will be cut away later) then switch to the ribbon yarn. Knit about 4 inches or so and then work sleeve cuffs, divide and join the sleeves, and work up until the neckline is finished. Now turn the sweater upside down. Pick up from the provisional caston, or pick up the stitches from the waste yarn then cut away and discard the waste yarn. Knit downwards until the sweater length is as desired, or until out of yarn. You can estimate the amount of ribbon needed for one round, and be sure to leave enough for your desired bottom edge treatment.
Decorative pattern stitch (multiple
of 4, worked in the round):
Cast off worked in single crochet.
Sweater pattern (in the style of Jacqueline Fee; I am indebted to The Sweater Workshop for my introduction to raglans in the round):
Cast on 104 (116, 128) stitches using the longer circular needle and join, being careful not to twist. Note: work a provisional caston or use scrap yarn if you are concerned about yarn quantities.
If you are working from the very bottom edge of the sweater, work a 7 round bottom band of decorative stitches (subdues the tendency of stockinette to curl). Continue for desired length to start of armhole. Note: if working a provisional caston, knit only a dozen or so rounds.
Join first sleeve to body: Place a start of round marker on the body needle. Knit 34 (36, 38) sleeve stitches from the small (sleeve) needle onto the longer body needle. There will be 8 (9, 10) sleeve stitches left. Put these stitches on scrap yarn, and put the next 8 (9, 10) body stitches on scrap yarn (first underarm). Place another marker.
Knit 44 (50, 54) body stitches. Set aside.
Second sleeve: prepare second sleeve same as first (the small circ is available again).
Joine second sleeve to body: Place a marker on the body needle. Join second sleeve, just as the first sleeve, by knitting 34 (36, 38) sleeve stitches onto the body needle. There will be 8 (9, 10) sleeve stitches left. Place these stitches on scrap yarn, and put the next 8 (9, 10) body stitches on scrap yarn (second underarm). Place another marker.
Knit 44 (50, 54) body stitches. This should bring you to the beginning of round marker; you have just completed the joining round and now have 156 (172, 184) stitches on the long circ.
From now on: work one round even then a raglan decrease round (that is, work the decreases every other round). AT THE SAME TIME, work a 5-round decorative pattern here, and then again about 6 or so rounds later. (You can use the decorate pattern over the entire yoke if desired.)

If you used a provisional caston, turn the sweater upside down, pick up the waiting 104 (116, 128) stitches and work down until desired length or nearly out of yarn. Leave enough to work 7 or more decorative pattern rounds, and single crochet castoff (or whatever edge treatment you prefer).
Kitchener stitch the underarms, close any gaps, darn in ends, and enjoy.