MPThere is another possible explanation.Concerns for global...

MP

There is another possible explanation.

Concerns for global economic activity have hit commodity producers across the board and even President Obama is publicly expressing his frustration at the Eurozone nations' inability to solve a problem largely of their own making. They have a currency but no lender of last resort. They share a currency but have independent fiscal budgets.

It would be strange if TXN's price did not suffer some slippage in the general ebb of the tide out of commodities. The Greek elections are now only 3 trading days away and the doomsters in the media are having a real party.

The volume is pretty insignificant.