The pattern is confusing at that point. I'll back up a step here:
[B]Row 9 [K2tog] ten times - 10 sts.
If plain hat without top knot is desired, move to Finishing.
Next row: P3tog, [p2tog] twice, p3tog - 4 sts. Using 2 dpn, work I-cord as foll: *k3, slide sts to beg of needle to work sts from same position. Bring yarn around from back and rep from * until I-cord measures 6"/15 cm. Bind off. Knot twice.
Finishing: Do not block or flatten rib.
For plain hat, cut yarn leaving a long end for sewing back seam. Pull through rem 10 sts and draw up tightly to secure.[/B]
The pattern ends there.