I'm knitting the Kirstin Seater from Hot Knits. I'm nearing the end (top) of the left front panel (it's a zip up hoody), and I'm confused by the directions for the neck shaping. It says:
"Cont armhole decreases same as for back, and at the same time, slip 5 sts at neck edge onto holder. BO 3 sts at neck edge once, then BO 2 sts at neck edge twice, then dec 1 st at neck edge once."
I understand decreasing the armholes, but I don't understand the rest. This is starting on a RS stockinette stitch w/ 5 sts seed for the border. The 5 sts they want on the holder (and bound off???) are the seed sts. If someone gets this, I'd reallly appreciate the help.