Eagle & Beagle
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.