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12. FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Oct. 31, 2012
Fair Value Disclosures [Abstract]  
Schedule of fair value hierarchy

 

          Fair Value Measurements as of October 31, 2012  
    Total     Level 1     Level 2     Level 3  
Assets:                        
     Money market   $ 334,221     $ 334,221       –       –  
     Equities     194,466       194,466       –       –  
Commodities – Options     253,369       –       253,369       –  
Total Assets   $ 782,056     $ 528,687     $ 253,369       –  
                                 
Liabilities:                                
Commodities – Futures     (1,620,758 )     –       (1,620,758 )     –  
Total Liabilities   $ (1,620,758 )     –     $ (1,620,758 )     –  

 

          Fair Value Measurements as of October 31, 2011  
    Total     Level 1     Level 2     Level 3  
Assets:                        
     Money market   $ 159,047     $ 159,047       –       –  
     Equities     379,660       379,660       –       –  
Commodities – Options     129,750       –       129,750       –  
Total Assets   $ 668,457     $ 538,707     $ 129,750       –  

 

Liabilities:                        
Commodities – Futures     (1,997,308 )     –       (1,997,308 )     –  
Total Liabilities   $ (1,997,308 )     –     $ (1,997,308 )     –