Right, I've decided to update this post and finish the story.
I was trying to duplicate this fabulous cardigan :
which, by the way can be seen here, http://www.helenmccabe.co.uk. She has great designs, I simply love them all.
And, of course, mine just did not look the same :(.
The yarn is back in the ball (Karabella Aurora 8 ), but I think I know what I'm doing wrong here. It's a cotton yarn not a wool yarn I need, in order to get the bubbles lines to look the same. And to get the same drape effect.
The idea is on hold and I am might be considering Rowan Calmer for this job, not sure yet.
End of story and end of frustration.