Somewhere, on someone's blog, I think, I saw mention of a magnetic board that helped them keep track of their place in a knitting or crochet pattern. Obviously, the details didn't stick in my pregnant brain but the idea did. When I went looking for it again or something like it, I found this magnetic tabletop easel and thought it would serve my purposes. It has wonderfully!
I used a strip of magnetic tape and some pretty paper scraps to make some magnetic place markers. The reviews of the easel say that alphabet magnets don't stick very well to this board but I think that's due to the weakness of the magnets, not the fault of the board. The ones I made stick and stay in place just fine. It works much better than my old method of marking off sections with a pen!