[Soultrader]

Interesting you mention that. Volume has been low here on the Nikkei as well with choppy price action. Due to the lack of swings at the moment, its been all program buying/selling, arbitrage, etc... Even the trading day following the fed rates, volatility shrunk and volume was extremely low.

The sad part is that the Nikkei is the laggard across most global markets. The Nikkei is roughly at the 50% retracement mark since the credit crisis crash.