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STATEMENTS OF FINANCIAL CONDITION (Unaudited) (USD $)
Jun. 30, 2011
Dec. 31, 2010
Trading Equity:    
Unrestricted cash $ 70,147,720 $ 78,094,582
Restricted cash 5,091,538 2,865,033
Total cash 75,239,258 80,959,615
Net unrealized gain on open contracts (MS&Co.) 6,602 2,156,329
Net unrealized gain (loss) on open contracts (MSIP) (264,093) 288,889
Total net unrealized gain (loss) on open contracts (257,491) 2,445,218
Options purchased (premiums paid $4,425 and $4,000, respectively) 898 2,775
Total Trading Equity 74,982,665 83,407,608
Interest receivable (MSSB) 645 6,527
Total Assets 74,983,310 83,414,135
Liabilities:    
Redemptions payable 607,197 2,102,069
Accrued brokerage fees (MS&Co.) 384,682 399,170
Accrued management fees 96,170 133,056
Options written (premiums received $8,713 and $7,425, respectively) 1,925 5,500
Total Liabilities 1,089,974 2,639,795
Partners' Capital:    
Limited Partners (6,057,122.838 and 6,431,165.896 Units, respectively) 73,027,014 79,881,815
General Partner (71,855.857 and 71,855.857 Units, respectively) 866,322 892,525
Total Partners' Capital 73,893,336 80,774,340
Total Liabilities and Partners' Capital $ 74,983,310 $ 83,414,135
NET ASSET VALUE PER UNIT (in dollars per unit) $ 12.06 $ 12.42