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STATEMENTS OF INCOME AND EXPENSES (Unaudited) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
INVESTMENT INCOME    
Interest income (MSSB)$ 7,166$ 112,217$ 102,461$ 254,015
EXPENSES    
Brokerage fees (MS&Co.)4,713,8135,168,91914,606,02916,281,971
Management fees1,753,9771,722,9745,434,8035,427,325
Total Expenses6,467,7906,891,89320,040,83221,709,296
NET INVESTMENT LOSS(6,460,624)(6,779,676)(19,938,371)(21,455,281)
Trading profit (loss):    
Realized(23,088,567)(319,563)(28,286,885)(4,699,010)
Net change in unrealized4,521,33513,891,922(6,201,831)6,163,119
Trading profits before litigation settlements(18,567,232)13,572,359(34,488,716)1,464,109
Proceeds from Litigation Settlement020,678020,678
Total Trading Results(18,567,232)13,593,037(34,488,716)1,484,787
NET INCOME (LOSS)(25,027,856)6,813,361(54,427,087)(19,970,494)
NET INCOME (LOSS) ALLOCATION    
Limited Partners(24,762,617)6,743,480(53,863,785)(19,765,804)
General Partner$ (265,239)$ 69,881$ (563,302)$ (204,690)
NET INCOME (LOSS) PER UNIT *    
Limited Partners (in dollars per unit)$ (1.92)[1]$ 0.54[1]$ (4.17)[1]$ (1.40)[1]
General Partner (in dollars per unit)$ (1.92)[1]$ 0.54[1]$ (4.17)[1]$ (1.40)[1]
WEIGHTED AVERAGE NUMBER OF UNITS OUTSTANDING (in Units)13,204,585.53212,794,984.17312,967,813.96513,276,845.273
[1]Based on change in net asset value per Unit