OK, I figured out that WIP = work in progress.
But what the heck do FO and LYS mean???
FO - Finished Object
UFO - Unfinished Object
LYS - Local Yarn Shop
Object! Ahhhhh! I could figure out F=finished. But I was stuck on the O. I was thinking it should be FP...like Finished Project.
And LYS...I never would have gotten that! The only places I read it were very non-context driven. Like, "I love LYS! Do you love LYS?" Well, what the heck does that mean???
So, thank you for straightening me out, Kim!