Beg at center with A and double pointed needles (dpn), cast on 8 sts. Divide evenly on 4 dpns with 2 sts on each needle. Join, taking care not to twist sts and mark beg of rnd.
Rnd 1: Knit.
Rnd 2: * K2, M1; rep from * to end of rnd - 12 sts.
Rnd 3: * K3, M1; rep from * to end of rnd - 16 sts.
Rnds 4-6: Cont in this manner, knitting 1 st more before each M1 every rnd (4 sts are increased every row) -28 sts after Rnd 6.
Color Rnd 1: Change to B and work rnds as before, inc 4 sts each rnd with 1 more st before M1 - 32 sts.
Color Rnd 2: * P8, M1; rep from * to end of rnd.
Color Rnds 3- 6: Cont as in this manner, purling 1 st more before each M1 every rnd.
Color Rnd 7: * K13, M1; rep from * to end of rnd.
Color Rnds 8- 12: Continue in this manner, knitting 1 st more before each M1 every rnd.
Repeat Color Rnds 1-12 in each color as in color sequence as follows: C, D, E, F, G, H, J, K, H, E, F, A, B, C. Knit Color Rnds 1 and Color Rnds 7-12, purl Color Rnds 2-6. This alternates color stripes in St st and Rev St st. Always work 1 stitch more before each M1 every rnd. Change needle lengths as needed to accommodate number of sts. After working last Color Rnds 1-12 in C, cont with C in garter st (p 1 rnd, k 1 rnd) for 5 rnds.
Bind off all sts loosely in knit.
Weave in ends.