nat23
11-15 03:47 PM
I do not mean to be negative, but this immigration debacle does not seem to end. How long do we have to freaking endure this nightmare? IV has been trying for months now...When do you think we will have immigration relief? Are we just going to end up being like thirsty deers in a desert chasing a mirage in search for water?
Are there any astrologers in the forum? Does any astrologer see the retrogression ending soon?
Viva
Relax !
There is a saying in Hindi which goes like this:
" Kismat se zyada aur waqt se phele kabhie kissi ko khuch nahi milta"
CIR will come through. We just have to be patient and keeping pushing for our demands. The whole country acknowledges that immigration system needs to be fixed. I'm sure something good will come out of all the efforts.
Cheers
Nat
Are there any astrologers in the forum? Does any astrologer see the retrogression ending soon?
Viva
Relax !
There is a saying in Hindi which goes like this:
" Kismat se zyada aur waqt se phele kabhie kissi ko khuch nahi milta"
CIR will come through. We just have to be patient and keeping pushing for our demands. The whole country acknowledges that immigration system needs to be fixed. I'm sure something good will come out of all the efforts.
Cheers
Nat
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pappu
11-16 12:34 PM
PAPPU,
I got a response from the dowjones guy .Mark.Boslet@dowjones.com
I will write to him.
On a side note, It appears that false propaganda is being spread about our taxes and SS contributions we make to raise more anti feelings about us.
To the contrary we contribute to the SS coffers without making use of it. We need to counter this.
Thanks pls follow up with him. more people writing to reporters will help convert a suggestion into a printable Article
I got a response from the dowjones guy .Mark.Boslet@dowjones.com
I will write to him.
On a side note, It appears that false propaganda is being spread about our taxes and SS contributions we make to raise more anti feelings about us.
To the contrary we contribute to the SS coffers without making use of it. We need to counter this.
Thanks pls follow up with him. more people writing to reporters will help convert a suggestion into a printable Article
add78
04-28 09:37 AM
It's not just 180 daysd before the application, it also includes 180 days AFTER the application.
This is the current section on 90 days period
(E)(i) In the case of an application described in clause (ii),
the employer did not displace and will not displace a United States
worker (as defined in paragraph (4)) employed by the employer within
the period beginning 90 days before and ending 90 days after the
date of filing of any visa petition supported by the application.
And the ammendment in the new bill
(1) NONDISPLACEMENT.--Subparagraph (E) of such section 212(n)(1) is amended--
(A) in clause (i)--
(i) by striking ``90 days'' both places it appears and inserting ``180 days'';
Yes, I got that already, I did not specify in my message as it is a "after the fact" requirement, i.e. I am not undermining its potential disastrous ramifications of having to force the layoff of already hired H1B if any other layoffs occur post the H1B hire, I was simply trying to focus my analysis on the impact BEFORE the H1B employee even be hired by employer or placed at client site. But yes, this applies AFTER 180 days as well.
This is the current section on 90 days period
(E)(i) In the case of an application described in clause (ii),
the employer did not displace and will not displace a United States
worker (as defined in paragraph (4)) employed by the employer within
the period beginning 90 days before and ending 90 days after the
date of filing of any visa petition supported by the application.
And the ammendment in the new bill
(1) NONDISPLACEMENT.--Subparagraph (E) of such section 212(n)(1) is amended--
(A) in clause (i)--
(i) by striking ``90 days'' both places it appears and inserting ``180 days'';
Yes, I got that already, I did not specify in my message as it is a "after the fact" requirement, i.e. I am not undermining its potential disastrous ramifications of having to force the layoff of already hired H1B if any other layoffs occur post the H1B hire, I was simply trying to focus my analysis on the impact BEFORE the H1B employee even be hired by employer or placed at client site. But yes, this applies AFTER 180 days as well.
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vivekm1309
09-25 07:24 AM
Hi Guys
I have been on IV for last 3 yrs almost & I recall my days when only way to get help on immigration was talking to the lawyers. Since I joined IV this thing defintely changed...& I feel that I am attached to a community trying to achieve a common goal and common good. IV has done a splendid job in getting the community united at the grassroots ....even some of initiators of the group have got their GCs, I still see them involved, which is a great thing. Why blame IV for the legislation failures? Blame congress for it & even 75% of Americans feel Congress is not doing their job.
Nothing is perfect in life, in market place & in the world. Also sense of purpose of service may differ for everyone & at different times. I treat myself as a consumer of services provided by IV & I have rated the services I get from IV at www.IDNTITI.com (Immigration Voice is getting a score of 8.7/10 for the services I get from it) I invite everyone to come and rate Immigration voice.
Now a brief on IDNTITI.com, We are positioned as an �Identity & Reputation management� company. You can voice your impressions on People & Companies to begin with through an innovative rating system in the marketplace � which is based on user-generated parameters/attributes and on web 2.0 principles.
We went into private-beta 10 days ago and I wish to invite you all to join www.idntiti.com and provide your valuable inputs & feedback. We are in private-beta so use the code PRIVATE (all CAPS) to register. There are currently some 80 odd companies, colleges or schools that are rated by initial users, so you can see the basic analytics piece as well. We are a fully user generated content site, so you might not see much data at this time, but nevertheless see enough data to understand the product.
The following steps will help you navigate the site easily:
Invite your community to provide feedback about you.
Search for people you know, if they are not there, you can create and rate them
Search for Schools, Colleges or Companies you know, if you don�t find them, you can create and rate them.
If you don�t find parameters you wish to rate an entity on, please create the parameter and rate the entity on it.
Connect with your community members and see their activity
As you contribute your feedback, the entity�s reputation is built and the site provides rich demographically distilled analytics back to users that can help them in researching and making their decisions easily.
For �people rating�, we are complementary to the Credit Score concept. Our identity is based on our community perception about us, similar to the fact that our credit score is based on our financial habits & capabilities.
Lastly we are listed as a group on Facebook, Linkedin and Googlegroups as IDNTITI, incase you want to join and have a focused discussion with our community members there.
I have been on IV for last 3 yrs almost & I recall my days when only way to get help on immigration was talking to the lawyers. Since I joined IV this thing defintely changed...& I feel that I am attached to a community trying to achieve a common goal and common good. IV has done a splendid job in getting the community united at the grassroots ....even some of initiators of the group have got their GCs, I still see them involved, which is a great thing. Why blame IV for the legislation failures? Blame congress for it & even 75% of Americans feel Congress is not doing their job.
Nothing is perfect in life, in market place & in the world. Also sense of purpose of service may differ for everyone & at different times. I treat myself as a consumer of services provided by IV & I have rated the services I get from IV at www.IDNTITI.com (Immigration Voice is getting a score of 8.7/10 for the services I get from it) I invite everyone to come and rate Immigration voice.
Now a brief on IDNTITI.com, We are positioned as an �Identity & Reputation management� company. You can voice your impressions on People & Companies to begin with through an innovative rating system in the marketplace � which is based on user-generated parameters/attributes and on web 2.0 principles.
We went into private-beta 10 days ago and I wish to invite you all to join www.idntiti.com and provide your valuable inputs & feedback. We are in private-beta so use the code PRIVATE (all CAPS) to register. There are currently some 80 odd companies, colleges or schools that are rated by initial users, so you can see the basic analytics piece as well. We are a fully user generated content site, so you might not see much data at this time, but nevertheless see enough data to understand the product.
The following steps will help you navigate the site easily:
Invite your community to provide feedback about you.
Search for people you know, if they are not there, you can create and rate them
Search for Schools, Colleges or Companies you know, if you don�t find them, you can create and rate them.
If you don�t find parameters you wish to rate an entity on, please create the parameter and rate the entity on it.
Connect with your community members and see their activity
As you contribute your feedback, the entity�s reputation is built and the site provides rich demographically distilled analytics back to users that can help them in researching and making their decisions easily.
For �people rating�, we are complementary to the Credit Score concept. Our identity is based on our community perception about us, similar to the fact that our credit score is based on our financial habits & capabilities.
Lastly we are listed as a group on Facebook, Linkedin and Googlegroups as IDNTITI, incase you want to join and have a focused discussion with our community members there.
more...
Jaime
12-11 03:56 PM
I put mine in, let's go for more than 100 and don't forget to "bump" this message so it stays at the top!
<<<BUMP>>>
<<<BUMP>>>
smisachu
07-30 01:01 PM
I am not endorsing any fund or product. You have to do your own research and you have to figure out your own risk appetite- Disclaimer
Superfund is a hedge fund which has two funds of managed futures. Its enrty was $5K last time I checked. But again in a hedge fund you typically pay 2 & 20. That means 2% maintenance and 20% off the profits and there is huge down side risk where your entire investment can be wiped out. Tread carefully!!
Again a great post. Just want to comment that be careful with ETF's too. Most of the ETF's are not physical commodity holders. They play in futures and OTC swap markets.
I have looked hard to find ETF's or MF's fwhich are pure commodity holders e.g gold, silver etc.I still have not found good ones. The closest I could get was some portfolio of mix of real assets and futures. Most of the ETFs are again leveraged and kind of trap for average investors.
There are a few hedge funds or big funds which might offer pure plays but those tend to have huge entry investment requirement basically making them inaccessible to individual small investors.
Superfund is a hedge fund which has two funds of managed futures. Its enrty was $5K last time I checked. But again in a hedge fund you typically pay 2 & 20. That means 2% maintenance and 20% off the profits and there is huge down side risk where your entire investment can be wiped out. Tread carefully!!
Again a great post. Just want to comment that be careful with ETF's too. Most of the ETF's are not physical commodity holders. They play in futures and OTC swap markets.
I have looked hard to find ETF's or MF's fwhich are pure commodity holders e.g gold, silver etc.I still have not found good ones. The closest I could get was some portfolio of mix of real assets and futures. Most of the ETFs are again leveraged and kind of trap for average investors.
There are a few hedge funds or big funds which might offer pure plays but those tend to have huge entry investment requirement basically making them inaccessible to individual small investors.
more...
pcs
04-22 07:40 PM
Your involvement is more important... you can generate a lot of contribution by spreading the good word & encouraging people to contribute..
I have not contributed much as comapred to top guys but I have generated atleast $600 through my efforts to rope in new guys & requested them to put in some money. Some did but some did not
I have not contributed much as comapred to top guys but I have generated atleast $600 through my efforts to rope in new guys & requested them to put in some money. Some did but some did not
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smisachu
07-30 11:47 AM
You can trade commodities like stocks by taking a directional bet on long term price movement. But this is what you need to consider. Stocks always trade in Spot. If you buy MSFT you own shares of Microsoft today. Although single stock futures (SSF) are available now we will not look at derivatives right now.
Commodities are traded as futures. You can buy Soy futures today for December delivery or lean hogs for dec 2010 delivery.
Under conditions of No-Arbitrage the price of the future will be the price of the spot plus storage and delivery costs. If for example 3 month LSC (Light Sweet crude) is trading on NYMEX at $60; the cost of storage and delivery is say $20 for 3 months. Then 6 month LSC should be trading at $80. But if you look at the contract it might be trading at $55.
The reason being fundamentals. The peak driving season or the hurricane season is over and heating oil season is not yet on us or by looking at weather derivatives traders are factoring in milder winter. The leader of Iran has declared he will step down from office and retire to Hawaii, the rebels in Nigeria have turned themselves in and joined a church missionary..stuff like that.
So you might believe these fundamental assumptions or you might do your own research and say that the traders are wrong and they are discounting critical factors and the price should be more. So you can go long the future and hope for an increase in price and sell the future before delivery for a profit. This is the expensive route but you will never be wiped out for sure. Price of crude may drop but will never go to zero.
Or you trade options on the futures, for example:
Borrow money (leverage) buy the call; short delta units of the future contract and invest the proceeds at the risk free rate.
If you are correct the call will end up in the money, the shorted futures will loose value but since it is “delta” units it is only a portion of the position and the invested money will earn you the risk free rate. So you make some money on the call and loose some on the hedge and net you will profit. (Hopefully to cover the transaction costs and taxes)
If you are wrong (price falls) your call will expire worth less so you are wiped out there, your short will increase in value and you will still earn the risk free rate. So although net you will loose money it will not be as much as a naked call because of delta hedging.
This is explained in very very simple terms. Each transaction step will indicate modeling prices to know if the future is priced correctly, if the option is priced correctly and if the leverage you are getting is correct. Plus modeling future price movements and expected rate of returns and the most primary thing in any transaction the “Alpha”. Source of alpha should be very clearly defined. Let me go a bit deep and include some simple math:
E[R] = Alpha + betaR + epsalon
Where E[R] is the expected return-(see statists for more on expectation functions.)
alphais the excess return
betaR is market return or what the price of the commodity does in the duration chosen. (Market betais 1)
epsalonis error term or un explained return.
(Sorry the greek symbols did not display so I wrote words)
This is a kindergarten model of modeling your alpha. As there are many variables you will use a multi variant model to figure out return. Plus as I said in my previous post you have to model jumps. Jumps are spikes of very short duration which will only be seen in a log normal price distribution. A Gaussian distribution might not be changed much because of a spike of small duration. For example if you are trading electricity and the temperature in NJ hits 110 degrees, there is going to be a spike on that day for electricity prices but this will fall as soon as temperature falls.
And the core issue of all is you need to have access to products as indicated by puddonhead plus money and leverage capacity and risk bearing capacity. As you see this is not for the faint of heart or for some one to do part time. If you are really sophisticated and can do this with good resources, fine or else my advice is stick to stocks or stock derivatives. Hedge funds have teams of quants and super computers sitting and doing this every day. They will vacuum out even the slightest of alpha out there; they will simply take your money if you enter into a wrong trade. If someone is a quant and does this for a living then if his contract allows it or if his licensing allows it legally he can do it on the side but apart from it definitely not something the retail investor should indulge in. Just invest in some ETF like GLD or USO or some commodity mutual funds at the max.
Best of luck!!
Commodities are traded as futures. You can buy Soy futures today for December delivery or lean hogs for dec 2010 delivery.
Under conditions of No-Arbitrage the price of the future will be the price of the spot plus storage and delivery costs. If for example 3 month LSC (Light Sweet crude) is trading on NYMEX at $60; the cost of storage and delivery is say $20 for 3 months. Then 6 month LSC should be trading at $80. But if you look at the contract it might be trading at $55.
The reason being fundamentals. The peak driving season or the hurricane season is over and heating oil season is not yet on us or by looking at weather derivatives traders are factoring in milder winter. The leader of Iran has declared he will step down from office and retire to Hawaii, the rebels in Nigeria have turned themselves in and joined a church missionary..stuff like that.
So you might believe these fundamental assumptions or you might do your own research and say that the traders are wrong and they are discounting critical factors and the price should be more. So you can go long the future and hope for an increase in price and sell the future before delivery for a profit. This is the expensive route but you will never be wiped out for sure. Price of crude may drop but will never go to zero.
Or you trade options on the futures, for example:
Borrow money (leverage) buy the call; short delta units of the future contract and invest the proceeds at the risk free rate.
If you are correct the call will end up in the money, the shorted futures will loose value but since it is “delta” units it is only a portion of the position and the invested money will earn you the risk free rate. So you make some money on the call and loose some on the hedge and net you will profit. (Hopefully to cover the transaction costs and taxes)
If you are wrong (price falls) your call will expire worth less so you are wiped out there, your short will increase in value and you will still earn the risk free rate. So although net you will loose money it will not be as much as a naked call because of delta hedging.
This is explained in very very simple terms. Each transaction step will indicate modeling prices to know if the future is priced correctly, if the option is priced correctly and if the leverage you are getting is correct. Plus modeling future price movements and expected rate of returns and the most primary thing in any transaction the “Alpha”. Source of alpha should be very clearly defined. Let me go a bit deep and include some simple math:
E[R] = Alpha + betaR + epsalon
Where E[R] is the expected return-(see statists for more on expectation functions.)
alphais the excess return
betaR is market return or what the price of the commodity does in the duration chosen. (Market betais 1)
epsalonis error term or un explained return.
(Sorry the greek symbols did not display so I wrote words)
This is a kindergarten model of modeling your alpha. As there are many variables you will use a multi variant model to figure out return. Plus as I said in my previous post you have to model jumps. Jumps are spikes of very short duration which will only be seen in a log normal price distribution. A Gaussian distribution might not be changed much because of a spike of small duration. For example if you are trading electricity and the temperature in NJ hits 110 degrees, there is going to be a spike on that day for electricity prices but this will fall as soon as temperature falls.
And the core issue of all is you need to have access to products as indicated by puddonhead plus money and leverage capacity and risk bearing capacity. As you see this is not for the faint of heart or for some one to do part time. If you are really sophisticated and can do this with good resources, fine or else my advice is stick to stocks or stock derivatives. Hedge funds have teams of quants and super computers sitting and doing this every day. They will vacuum out even the slightest of alpha out there; they will simply take your money if you enter into a wrong trade. If someone is a quant and does this for a living then if his contract allows it or if his licensing allows it legally he can do it on the side but apart from it definitely not something the retail investor should indulge in. Just invest in some ETF like GLD or USO or some commodity mutual funds at the max.
Best of luck!!
more...
Green.Tech
06-18 11:58 AM
Keep calling, folks. We are making headway. Don't quit, not now, not ever!
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rangaswamy
07-11 06:58 PM
I guess formal or semi-formal wear should be good enough in the heat.
I'm more of the opinion that White shirts and Denims should be fine. Suit in bay area makes no sense. We are all after all geeky engineers after all.. like some one said!
A
I'm more of the opinion that White shirts and Denims should be fine. Suit in bay area makes no sense. We are all after all geeky engineers after all.. like some one said!
A
more...
sledge_hammer
02-02 08:56 AM
This is what I mean by fingerpointing. So why are u so special? Just because u claim to be honest u must not point fingers at others. I am not criticizing u or not arguing, but fingerpointing will not lead to anything constructive. From what I have done so far, I have no clue if I have done something wrong, u r already pointing finger at me.
People in the past and currently are working hard to achieve their goals, fingerpointing and blaming others for the situation will never help.
What are YOU smoking????
Did I say I am special? Don't put words in my mouth. So if you think that abiding by the law makes one special, then I am guilty as charged :-)
Your "fingerpointing" and "why are you special" comment really cracks me up :D
People in the past and currently are working hard to achieve their goals, fingerpointing and blaming others for the situation will never help.
What are YOU smoking????
Did I say I am special? Don't put words in my mouth. So if you think that abiding by the law makes one special, then I am guilty as charged :-)
Your "fingerpointing" and "why are you special" comment really cracks me up :D
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chanduv23
11-14 10:19 AM
Ha haaa - so Lou meet and greet events ehh. He chose the location because of the auto industry slowness - he can get more followers there.
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apb
09-17 06:10 PM
Congratulations kubmilegaGC... Now u can change ur handle to abhmilagc
best wishes
best wishes
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hiralal
01-09 12:06 AM
I believe it will be the same old story. They will wait till last quarter and then will waste thousands of visa numbers because of their darn slow processing hands and we people will again start talking optimism from Oct 2010.
What happened to the IV's talk with USCICS on spillover policies? Does anybody know?
my thoughts exactly - they are just relaxing till summer season !! and maybe they will make the dates current in last quarter too - this means more mess but more $$$$ for them.
time to make plan B = plan A. and plan C = plan B.
my plan C -- make more money, save more and buy less with eventual return to home country if needed !!
What happened to the IV's talk with USCICS on spillover policies? Does anybody know?
my thoughts exactly - they are just relaxing till summer season !! and maybe they will make the dates current in last quarter too - this means more mess but more $$$$ for them.
time to make plan B = plan A. and plan C = plan B.
my plan C -- make more money, save more and buy less with eventual return to home country if needed !!
more...
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orangutan
10-03 08:36 PM
Hey, you lied to the American Immigration that you will return to the home country after Ph.d. And now you are talking about who should port and who not. Relax and think.
sure I am .. and guess what my dependents were already approved few weeks back on my EB2.
and yesterday my EB1 I-140 was approved :D:D:D:D
But my fight for what is fair is distinct from my own case and i am gonna keep going.
sure I am .. and guess what my dependents were already approved few weeks back on my EB2.
and yesterday my EB1 I-140 was approved :D:D:D:D
But my fight for what is fair is distinct from my own case and i am gonna keep going.
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indyanguy
11-09 02:55 PM
NO point#1 is not true. in fact it is biggest misconception - I remember reading some where that if you have consumed all your 6 years on H1, your extension of H1B beyond 6 years is only based on pending AOS. So in this case, if your 485 is rejected, also your H1B. If you continue to work on H1B even after this, it is illegal.
(This is what I believe & I may be wrong. I am not lawyer, this is not legal advice & check with your attorney first before deciding anything)
Nice. It appears that according to the link below:
http://immigration-information.com/forums/showpost.php?p=18946&postcount=28
The EAD doesn't get invalid when AOS is denied and will be valid till its expiration date.
On the other hand, it appears that there is an advantage to switching to EAD prior to the 6 year H1 expiration to stop the H1 clock. In situation where a AOS is incorrectly denied, a change of status from EAD to H1 for the remainig time can be helpful.
Thoughts?
(This is what I believe & I may be wrong. I am not lawyer, this is not legal advice & check with your attorney first before deciding anything)
Nice. It appears that according to the link below:
http://immigration-information.com/forums/showpost.php?p=18946&postcount=28
The EAD doesn't get invalid when AOS is denied and will be valid till its expiration date.
On the other hand, it appears that there is an advantage to switching to EAD prior to the 6 year H1 expiration to stop the H1 clock. In situation where a AOS is incorrectly denied, a change of status from EAD to H1 for the remainig time can be helpful.
Thoughts?
more...
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50cent
06-21 03:57 PM
This thread is amazing...It is nice to know that a lot of people are in the same situation...
1 Q though :
I am planning to get a registered marriage in India (in july) and the come back to file I-485 as "married". The real wedding will be in Jan 08. Will i be able to use the 180 day "follow on" rule here ?
Thanks for all your support people...
1 Q though :
I am planning to get a registered marriage in India (in july) and the come back to file I-485 as "married". The real wedding will be in Jan 08. Will i be able to use the 180 day "follow on" rule here ?
Thanks for all your support people...
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eb3retro
11-02 11:55 AM
I would like to share my experience and it may help some people here.
My H1 was sponsored by company A when I was working with them on OPT. I paid $3000 for H1 filing and attorney fees and company A gave me the H1 approval notice only after I signed an agreement that I would work for atleast one year with them.
Afetr 1 month of my H1 approval, I got a better job offer from company B and I got the H1 transferred. I notified my client and company A who threatened to revoke my H1, take me to court etc etc. They also withheld 4 weeks of my pay.
After joining company B, I filed a complaint against company A with DOL that they withheld my salary and also they demanded H1 fees from me. After 2 weeks of that complaint, my salary was deposited into my account and DOL was looking into my complaint about H1 fees. This case finally got resolved last week after about 18 months, when DOL finally persuaded company A to pay $3000 back to me.
I would request everyone who is a victim of these blood sucking employers to
take every possible action against them. There's a very little chance that they would go to court because they are themselves involved in gross irregularities.
now that this is not a private issue anymore (you have taken the employer to the court and DOL) you can defenitely save some souls if you reveal your employer here. having said, wish everyone had courage like you. good job.
My H1 was sponsored by company A when I was working with them on OPT. I paid $3000 for H1 filing and attorney fees and company A gave me the H1 approval notice only after I signed an agreement that I would work for atleast one year with them.
Afetr 1 month of my H1 approval, I got a better job offer from company B and I got the H1 transferred. I notified my client and company A who threatened to revoke my H1, take me to court etc etc. They also withheld 4 weeks of my pay.
After joining company B, I filed a complaint against company A with DOL that they withheld my salary and also they demanded H1 fees from me. After 2 weeks of that complaint, my salary was deposited into my account and DOL was looking into my complaint about H1 fees. This case finally got resolved last week after about 18 months, when DOL finally persuaded company A to pay $3000 back to me.
I would request everyone who is a victim of these blood sucking employers to
take every possible action against them. There's a very little chance that they would go to court because they are themselves involved in gross irregularities.
now that this is not a private issue anymore (you have taken the employer to the court and DOL) you can defenitely save some souls if you reveal your employer here. having said, wish everyone had courage like you. good job.
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swamy
11-27 07:03 PM
http://www.alipac.us/ftopic-91255-0-days0-orderasc-.html
I think I did last week - yeah they are the lowest of the low cheerleading xenophobes and nativisthatemongers like lou
I think I did last week - yeah they are the lowest of the low cheerleading xenophobes and nativisthatemongers like lou
gceverywhere
01-31 07:46 PM
thanks for leading this effort
mirage
10-07 06:27 PM
The only housing market which doesn't show any sign of correction is Mumbai, as the builders have more Dubai, 'Bhai' kind of money. Everywhere else properties have already fallen 20-30%. In gurgaon & NOIDA they are down 40% from previous year...
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