Although the size of our natural gas positions was large, we believed, based on input from both our trading desk and the stress-testing performed by our energy risk team that the amount of risk capital ascribed to the natural gas portfolio was sufficient. In September 2006, a series of unusual and unpredictable events caused the Funds 'natural gas positions (including spreads) to incur dramatic losses while the market provided no economically viable measure of exiting these positions.-Nick Maounis, Conference Call to Investors, September 22, 2007