STATEMENTS OF INCOME AND EXPENSES (Unaudited) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2011		Sep. 30, 2010		Sep. 30, 2011		Sep. 30, 2010
INVESTMENT INCOME
Interest income (MSSB)	$ 11,877		$ 111,361		$ 121,707		$ 270,724
EXPENSES
Brokerage fees (MS&Co.)	5,110,211		5,809,386		16,847,429		18,708,173
Management fees	1,576,606		2,239,379		5,854,155		7,212,787
Incentive fees	0		347,332		2,034,158		347,332
Total Expenses	6,686,817		8,396,097		24,735,742		26,268,292
NET INVESTMENT LOSS	(6,674,940)		(8,284,736)		(24,614,035)		(25,997,568)
Trading profit (loss):
Realized	(7,054,552)		12,037,792		(10,107,654)		(11,467,958)
Net change in unrealized	11,560,712		17,965,558		(8,603,779)		6,508,054
Total Trading profit (loss)	4,506,160		30,003,350		(18,711,433)		(4,959,904)
Proceeds from Litigation Settlement	0		337,120		0		337,120
Total Trading Results	4,506,160		30,340,470		(18,711,433)		(4,622,784)
NET INCOME (LOSS)	(2,168,780)		22,055,734		(43,325,468)		(30,620,352)
NET INCOME (LOSS) ALLOCATION
Limited Partners	(2,144,109)		21,832,739		(42,866,500)		(30,308,330)
General Partner	$ (24,671)		$ 222,995		$ (458,968)		$ (312,022)
NET INCOME (LOSS) PER UNIT *
Limited Partners (in dollars per unit)	$ (0.24)	[1]	$ 1.94	[1]	$ (4.24)	[1]	$ (2.45)	[1]
General Partner (in dollars per unit)	$ (0.24)	[1]	$ 1.94	[1]	$ (4.24)	[1]	$ (2.45)	[1]
WEIGHTED AVERAGE NUMBER OF UNITS OUTSTANDING (in units)	9,846,022.123		11,439,469.452		10,258,589.100		11,805,945.823

[1] Based on change in net asset value per Unit.