psso knit stitch?

[lavinia-short.livejournal.com]

i am trying to make a scarf using this wicked cool cross hatch pattern, but for the life of me i can't figure out to do the one stitch essential to the pattern! it's written as psso, and the only definition i can find of that is Slip one stitch then knit the next two together and pass the slipped stitch over. and for the life of me, i can't do this. can anyone here break it down into simpler terms for me? i know how to slip a stitch, and how to knit two together, but i'm not sure about the passing the slip stitch? where do i pass it to?

thanks in advance!