craftgrrl | another "what can i do with...?" post

i am completely drawing a blank. i saw this fabric the other day at joann's. it was on major clearance. it was so ugly and great, i couldn't pass it up. so i bought a half of a yard. it measures 18inches x 72inches. it's quite a long bolt. it's also a stretchy knit.

any ideas as to what i can do with it?? i would like to make some sort of clothing out of it. but i don't know what. i've been making plenty of reversable cuff velcro bracelets lately. but i want something more. help?