So cute! A pattern that I discovered a couple of years back at Straw.com is this jester-like 3 peaked little honey. So far I’ve made 2. They knit up in a flash using bulky weight yarn and 10 1/2 size circular or double point needles. Self striping or print yarns work so well with this style. You can make the points as long or short as you like, and maybe even add some little bells.
The picture link is broken at the site where the pattern’s listed, but shown here are a couple of my own versions, modeled by 2 old friends