Pattern Waving Lace by Evelyn Clark in IK Spring 2004
The pattern was very easy to modify to be toe-up.
CO 32 using figure 8 onto 2 circs. Knit one row.
Increase Row On each needle K1, inc 1, knit to within 1 stitch of edge, inc 1, K1.
After you have 52 sts (26 sts per needle), do an increase row followed by a plain row until there are 64 stitches total.
Knit 4 rows plain. I do this because I don't like the patterning to start that close to the toe. This is just my own personal preference.
Begin patterning Knit the wave pattern on one needle and knit the second needle plain. Knit this way until the sock is about 1.5 inches shorter than the foot.
Heel Do a short row heel until, keeping 16 sts unwrapped, and 8 sts wrapped on either side.
Begin Leg Continue knitting the pattern on one needle and st st on the other needle until you're at either a Row 1 or Row 11. Then knit the pattern across both needles.
Knit until the leg is the desired length. I knit 3.5 repeats.
Cuff I followed the scalloped edging chart, simply turning it upside down (knitting Row 14 first).
Cast off Cast off using your favorite stretchy cast off. I used EZ's sewn cast off.