I've been knitting away a couple rows at a time for the last few days making a Christmas ornament. The pattern is from a new book I bought called 55 Christmas Balls to Knit by Arne & Carlos, two Norwegian guys who are apparently very big in knitting in Europe. All the patterns they present are based on old Norwegian patterns that they have collected.
I did this one with some angora that a friend bought at a street fair in NYC and sent to me. I just love it. It's quite fast to make and a great introduction to the Fair Isle technique.
I had to get some red yarn today so I could make more!