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

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

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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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