I went out and bought some smaller diameter rope today. (The rope was either this color or a nice white and red.....you got a problem with pink? )

Tied the main loop with a figure 8 knot with a stopper knot just below the loop.
http://www.needlesports.com/advice/knots.htm

Then took a 3foot section of the rope made a loop with a butterfly knot

http://www.iwillknot.com/butterfly_knot/

and tied a prussic knot in the loop

http://images.ebsco.com/pob/summit/c...tr_prussic.pdf


This is what I ended up with: