Step 5
Step 6
Step 7
Step 8...kinda sorta
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Since it can get kind of confusing keeping track of all those circle-thingies (or maybe it's just that I'm easily confused... hmmm....), time to count 'em up.  You should have a grand total of five. 
I'm the wicked witch!
I'm the nasty step-mother!
I'm not evil, I'm just misunderstood
Play it again, Sam... and again!  String one main, then add one picot circle.  Repeat once.
String 2 main beads, a picot circle, 2 main beads, then one picot circle.  (Pssst... it's just steps 2 and 3!)
String 3 main beads, 1 accent bead, then one main bead.  Add once picot circle.
Picot Delight Necklace continued...
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