Westport, CT
Everybody seems to want a free poncho pattern. I'm here to oblige today.
This is about the simplest pattern you could ever find for a poncho. Basically you'll need your favorite lightweight yarn (spend as much or as little as you like), large circular needles, a lacy pattern, a newspaper pattern, and a sewing needle. You will make a rectangular stole and then sew one end to the bottom side of the other end. This will create the poncho.
I decided to make a child's small poncho. So I took The New York Times and started to cut out a nice rectangle. I cut and trim until it seemed the right size for a small poncho (girls size 2-4). It ended up being 27 x 9.5 inches.
Then you sew (or in the case of the newspaper pattern "tape") side "A" to side "B". Block appropriately until your poncho has the correct look. If you want to try the newspaper pattern on for size, do so, and adjust accordingly.