Eagle & Beagle: SandRidge Mississippian Trust I closes week strong

Don Mecoy: Eagle & Beagle for Sunday, June 9, 2013.
by Don Mecoy Published: June 9, 2013
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Eagle & Beagle

Eagle

We like our portfolios to mature like a pie baking — a steady progression that ends with a delightful treat.

Too hot and the crust chars; too cool and the middle is underdone.

But individual stocks often take a varied course, wavering and wobbling to and fro. But that method also can produce a sweet result.

The benchmark Dow fell more than 200 points Wednesday, closing below 15,000 for the first time in a month. On Friday, the Dow logged its best day in five months, adding more than 200 points. The blue-chip index ended the week up 0.9 percent.

Our eagle also steered a crooked course to its 7.4 percent gain. SandRidge Mississippian Trust I slipped a couple of days, but opened and closed the week strongly.

The morale: The pie may not always be cooked the way you want it, but what matters is how it tastes.

Beagle


by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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