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    Keep working in this way all around the top edge of the panties.  At one point it will look like you don’t have enough elastic to go around.  When that happens simply push all the stitch you have already made together to condense.
    And continue working until you a have went around the entire edge of the panties.  Sl st top beg single crochet, fasten off.
    As you can see, the elastic makes a big difference in the fit of the panties.