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  • anai
    02-14 09:03 AM
    Oh wait. I get it now. We're probably mistaken in thinking anand26's idea is to improve IV; looks like the idea is to promote "yelling at people" as a way of life.

    The plan is to do nothing oneself but make a random to-do list for other people; so we should also respond in the same spirit.

    Here are some things you should do, anand26; now do it quickly and report back to this forum by tomorrw:
    Eat more broccoli.
    Raise money for IV.
    Do not use "zapata" in a sentence ever again


    See. Anyone can do this. Pretty easy. Thanks Anand26 for sharing this idea.

    Ok, if advertising is too far-fetched, then hold some cultural events and make money on those. Brainstorm with members to find other ways to make money. People are not going to contribute. That is the writing on the wall. There is lack of trust and lack of faith in IV. IV will have to figure out ways to generate cash from other things than member contributions. If I remember correctly, people contributed nearly $200K and have got nothing to show for that.

    These suggestions are because you think money is the issue. I don't think it is. It's the lack of good leadership. That is my opinion and it was point of my original posting. Lack of money is being blamed wrongly. But may be I am wrong.

    Attack my ideas and not me. Then we can have a debate conducive to achieving our goals.




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  • gc28262
    04-27 10:02 AM
    http://www.moneycontrol.com/mccode/news/article/news_article.php?autono=394887&special=mkt_topnews




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  • chanduv23
    05-24 01:22 PM
    Yes - I am not bothered. These laws are a joke. Guess, we must just laugh at them.

    From what it looks like - they want to appease the PG, Numbersusa etc.. kinda groups.

    It also seems to me that lawmaker's message for groups like IV etc... clear - layoff -- as you people don't vote




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  • s_r_e_e
    06-25 06:10 PM
    are there daily limits for ICICILombard in case of hospitalization ? I couldnt find it any where in their site.



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  • smisachu
    08-01 05:34 PM
    Hi smisachu,

    Could you explain what you mean by this? Are you referring to "Flash Trading"
    or the whole of HFT?

    Yes Flash trading, ELP (enhanced liquidity program), direct access trading and even other program trading. The programs seek out discreet blocks that are being routed into the market and front run them. The main culprit according to many is GS. And to acheive a significant alpha the size and leverage are huge. Some program with a bug will dump a lot of shares on the market some day and before any one can react. Here is an article on some info that was made available only to bloomberg users.

    "Lime Brokerage: "The Next 'Long Term Capital' Meltdown Will Happen In
    A Five-Minute Time Period."

    Posted by Tyler Durden at 11:25 AM
    A recent Bloomberg piece that for some reason was made available only
    to terminal subscribers, provides a very interesting discussion on the
    dangers of sponsored access, how the associated pre-trade vs post-
    trade monitoring deliberations by "regulators" will influence short
    selling curbs, and not surprisingly, the desire by Goldman to not only
    dominate this yet another aspect of high-frequency trading, but to
    dictate market policy at will.
    What is sponsored access:

    In sponsored access, a broker-dealer lends its market participation
    identification (MPID) number to clients for them to trade on exchanges
    without going through the broker's trading system, to avoid slowing
    down the execution. That places responsibility on the broker-dealer to
    make sure the participant abides by securities regulations, and that
    its trading, which can involve hundreds or thousands of orders a
    second, does not run amok.

    Is it thus surprising, that none other than Goldman Sachs is muscling
    its way into providing not only a sponsored access platform to its
    clients, but a new form of sponsored access that needs the blessing of
    regulators:

    Wall Street heavyweight Goldman Sachs, now launching its own sponsored-
    access service to lend clients its identification to access securities
    exchanges directly, said last week it favors monitoring client orders
    prior to execution.


    "Our view is that there is a real need for pre-trade checks in the use
    of sponsored access to fulfill [broker-dealers'] regulatory
    responsibilities," said Greg Tusar, managing director at Goldman.


    Goldman's stand in favor of pre-trade instead of post-trade monitoring
    of sponsored clients' activity is one side of a debate in which
    regulators may choose a middle ground. The regulators' decision on how
    to monitor sponsored access may also influence their deliberations on
    restricting short sales.

    What is the difference between pre-trade and post-trade monitoring? In
    brief:

    Pre-trade

    Compliant with Reg SHO
    Nip problems before they happen
    View activity across exchanges

    Post-trade

    Faster order executions
    Pre-trade systems still fallible
    And another tidbit:

    In traditional sponsored-access arrangements, a broker-dealer
    determines a client's suitability to access market centers directly
    and then allows the client to trade without monitoring its individual
    orders prior to execution.

    In other words, the Goldman endorsed pre-trade approach will allow
    "monitoring of individual orders prior to execution." Whether or not
    pre-trade checks provide the capacity to observe not just wholesale
    exchange activity in the context of sponsored access but from a much
    broader market angle is a discussion for another time, although this
    could be one place where Sergey Aleynikov could shed an infinite
    amount of light, especially as pertains to Goldman's sponsored-access
    service. Conveniently, his gag order will prevent him from saying much
    if anything until such time as there is an appetizing settlement to
    keep him gagged in perpetuity. The bottom line is that with a pre-
    trade environment, the sponsored access providers will be able to have
    the potential to front run all those who use their platforms. The
    residual question of how far they go to comply with regulations to
    prevent this from happening, and remain true to their ethics standards
    is also a topic for another day.

    Going back to the topic at hand. Here is why sponsored access could
    easily be quite a bother to capital markets sooner rather than later:

    Unchecked errors or unintended repeat orders could deplete broker-
    dealers' capital, and potentially wreak havoc in the broader market.
    Concerns have arisen, however, about whether all broker-dealers are
    able to fulfill that duty in today's electronic trading environment,
    and according to which standards.

    And here Goldman chimes in to not only promote their proposed
    architecture but to expound on the virtues of pre-trade checking.

    "In the case of high-frequency trading, in particular guarding against
    technology failures, oversized orders and other situations where
    there's potentially systemic market impact, we believe strongly that
    pre-trade checks are a prerequisite," Tusar says.

    Nasdaq's proposal as well as Securities and Exchange Commission
    officials' speeches a few months ago appeared to lean toward
    bolstering the traditional approach.


    "We don't believe that's strong enough or what the regulators want
    now, because of the potentially dire consequences, and because we-as
    broker-dealers-bear much of that risk," Tusar says.


    Now the reason why this is very relevant in the context of not just
    potential front running, but also market structure is that Regulation
    SHO, which is the primary regulatory framework for short selling (and
    the purvey of potential Uptick Rule reinstatement, which will happen
    once the market is allowed to hit a bid) is a post-trade
    architecture.

    Wedbush [Morgan] routinely tests clients' systems to ensure they are
    compliant with Reg SHO. In addition, he says, the brokerage sets
    limits on clients available locates-as well as credit and trading
    limits--before the start of each trading day that its system tracks,
    prohibiting shorts without locates and providing a type of pre-trade
    check.

    Or as has recently become the case, seeing rolling buy ins in the
    middle of the day as borrowable shares in even the most liquid stocks
    mysteriously disappear (look at today's market action for yet another
    blatant example of this practice).

    Anticipating the regulators' likely response, one should not be
    surprised to see them siding with Goldman and against shorters:

    As the SEC also seeks to appease investor concerns over rampant short
    selling, especially naked short selling, new sponsored-access
    standards may provide part of the solution. Given that day-traders may
    be the last remaining culprits of such activity,, increasing and
    standardizing scrutiny over their trading may reduce uncovered (and
    illegal) shorts even further.

    How about appeasing concerns over rampant, unjustified buying? When
    will the downtick buy rule be implemented? But we jest.

    And I digress again. Why should all this be concerning to advocates of
    stability of high-frequency trading:

    The mother of all concerns is a sponsored firm's algorithm going awry
    and executing thousands of problematic trades across a range of
    securities and market centers.

    Well, this is not really a problem when it happens to the upside as
    has been the case for months now - it is only a threat when Joe
    Sixpack's 401(k) may be impacted, i.e., to the downside.

    And here is where a SEC Comment submitted by broker Lime Brokerage is
    a very troubling must read by all who naively claim that High-
    frequency trading is a boon to an efficient market (which doesn't
    provide . Well, yes and no - it is, until such moment that it causes
    the market to, literally, break. I will post a critical excerpt from
    the Lime submission, and leave the rest to our readers' independent
    analysis:

    Lime's familiarity with high speed trading allows us to benchmark some
    of the fastest computer traders on the planet, and we have seen CDT
    (Computerized Day Trading) order placement rates easily exceed 1,000
    orders per second. Should a CDT algorithm go awry, where a large
    amount of orders are placed erroneously or where the orders should not
    have passed order validation, the Sponsor will incur a substantial
    timelag in addressing the issue. From the moment the Sponsor�s
    representative detects the problem until the time the problematic
    orders can be addressed by the Sponsor, at least two mintues will have
    passed. The Sponsor�s only tools to control Sponsored Access flow are
    to log into the Trading Center�s website (if available), place a phone
    call to the Trading Center, or call the Sponsee to disable trading and
    cancel these erroneous orders � all sub-optimal processes which
    require human intervention. With a two minute delay to cancel these
    erroneous orders, 120,000 orders could have gone into the market and
    been executed, even though an order validation problem was detected
    previously. At 1,000 shares per order and an average price of $20 per
    share, $2.4 billion of improper trades could be executed in this short
    timeframe. The sheer volume of activity in a concentrated period of
    time is extremely disruptive to the process of maintaining a �fair and
    orderly� market. This shortcoming needs to be addressed if the
    practice of Naked Access is going to be permitted to continue;
    otherwise, the next �Long Term Capital� meltdown will happen in a five-
    minute time period.




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  • franklin
    07-11 11:47 AM
    moderators, can we please get this post linked from the front page and replace the old rally link!:)



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  • bitu72
    07-31 02:13 PM
    smisachu,

    here is what i have figured out in last 4 year and i have been to various blogs.

    1. i have read various blogs all are saying trading options with all good stuff you can hardly make any money. Most of the term you have used i have some idea what its is , but havent studied it properly.

    2. trading is gambling- you can have some edge by stastical analysis what have performed well over a long time. so backtest u r system over 10 years.

    3. would like to know what kind returns are you targeting with options

    4. spreads can be an way to go ..but has to be directional bet or else difficult. I have seen lot of iron condor guys breaking down in recent melt down and up.

    5. so i kind of believe in hit and run and momentum play - what else can make you money where nothing is certain

    6. buying when rsi2 is depressed and selling quickly - can be spread havent back tested it.
    i backtest using stockfetcher. but u cant backtest options, you have to manually do it. itried some using think or swim platform.

    so i am trying to see if anybody else has any good strategy to share.




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  • baladev
    07-15 03:41 AM
    Me and my couple of other friends singed just now. But my question, is this petition enough to fire this guy or atleast anyaction wub be taken againt this guy by CNN......i doubt



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  • Aah_GC
    11-26 01:55 PM
    I would say it is a matter of pure judgement. It helps to stay neutral and make your best bet. For example, if you found a great job and the employer is willing to sponsor your H1B - why not go for it? H1B will be safe(r) anyday - it gives you and opportunity to plan for the unexpected. However, it would be imprudent to ignore a great opportunity by sticking to H1b. So, the thing is - don't lean on either side, just do the best that keeps you happy and safe.

    One question though - If I apply for EAD & AP - do I have to keep renewing it inspite of using my H1b status? That would be a great loss money, right?




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  • BharatPremi
    12-11 11:17 AM
    http://immigrationvoice.org/forum/showthread.php?t=16031



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  • gcformeornot
    12-12 09:21 PM
    I see 136 members and 297 guests online! I wonder why guests have more tensions than members?




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  • sanju
    09-24 01:00 AM
    So where did you learn your English? Do you even know how to read sentences? I suggest you learn how to join words and make sense of what is being said. Then and only then comment on what is being posted.

    Also, Before you call others stupid, make an assessment of your own stupidity.

    If you want to argue, then argue how is the removal of quota limits fair for ROW applicants. Don't throw out unrelated arguments.

    sorry man, my hinglish is vrey vrey vrey poor. so plaese bear wtih me.

    Lets not argue, lets discuss, maybe I could agree with your views. So heer it goes, how is quota limits fair to anybody? I thought we are all equals, unless you think you are challenged in anyways - physically or otherwise, in that case I agree, you are 100% right, there must be a special quota for you. For all others who consider themselves to be equal shareholders to the free society, isn't preferential treatment for any set of people "wrong" and "unfair"? Just asking? I mean are we not equals, if yes, then there should be no quota for any country, if no and you think you are superior, which maybe true, then I should get preferential treatment, if no, and you think you are inferior or otherwise challenged in anyways, well, in that case yes, you sure should be treat better than others.... you know....

    So what do you think you are - equal? inferior? or superior? I mean it has go to be one of those, right?



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  • Leo07
    12-03 10:14 AM
    Paid membership irrespective of the amount of payment will drive away the people. With all dues respect to IV, there are defintely other places where you can get good(if not better) information for free.
    Strength of online communities is always the members...the higher the members the better.

    Having said that, I kind of disagree with the punishing the wrong answers with a $5.00...most of the answers in these forums are people experiences and they are not legal professionals. People will not be able to share the experiences openly/freely. I think, it's the responsibility of the questioner to pick the right answer and donate for the value that he/she deems the question is worth.

    My thoughts...anyways..




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  • smc
    07-18 08:09 PM
    Why did John Cornyn's bill want to recapture only unused numbers from 1996 and 1997, why not 1998 also?



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  • immi_enthu
    10-07 08:56 PM
    If an aparment costs 70 lakhs and that is renting for 15 thousand, how does it make sense to invest in it? The return on 70 lakhs at 12%(or 10%) is 7 lakhs/year. That is approx. 60 thousand per month. If you buy an apartment and rent it, it gives you 15 thousand. Don't you see the problem? The return on investment is low, very low. The fact that it is renting only for 15 thousand tells us that it is not affordable for most of the average guys in the city. The theory that there are more demand to snap up 70 lakh, 1 crore apartments is simply not true.

    I had the same question. Can anyone please explain inspite of the above problem, how are the prices for apartments in Hyderabad are so high ?

    The only thing I can think of is that everybody is buying for themselves not as an investment.




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  • gjoe
    10-28 05:35 PM
    I was seeing lot of posts in this forum about reverse brain drain, so I wanted to comeup with a question which would answer my question without doubt.
    I wanted to see if all those who are in the GC queue and think that they are a very important for America and insist on that in their signature by saying "Help us stop reverse brain drain" are really meaning what they say.

    I beleive if we are so much in demand we can get a job in another country and have similar quality of life or better. So only poeple who are confident of the reverse brain drain and America should stop it will not hesitate to vote "Yes" if they are so frustated with the GC wait times.

    Once again thanks to everyone who so far particiapted in this poll and posted comments.

    Some people have given me negative reps for this poll saying it is useless but never say why "they" think it is useless. I would appreciate if you can post your opinion with those negative reps. Offcourse postive reps can be without opinon :D



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  • justAnotherFile
    07-18 08:57 AM
    Several of us are not sure if our early July applications will be accepted or rejected (although common-sense says that a rejected application should be back in our hands by now, who can predict the system anymore).

    This tracker is verify how many applications were rejected in early July.

    Date Delivered To USCIS:
    Time Delivered To USCIS:
    Service Center: TSC, NSC etc.
    Rejected: Yes/No/Dont Know

    My Data
    --------
    Date Delivered To USCIS: July 2
    Time Delivered To USCIS: 11:15 AM
    Service Center: TSC
    Rejected: Dont Know




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  • nk2006
    09-17 02:11 PM
    Thanks for the commentary everyone.

    I am kind of curious about onething - why is IV core is not saying anything about current house committee deliberations? - did I miss some posts. I am not trying to criticize or anything but just trying to understand if we are getting excited about something which is destined to fail already (I made all the calls and also personally made 5 others to make calls yesterday). If its a strategy not to discuss too much its fine with me - hope there is still a fair chance for 5882.




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  • invincibleasian
    02-27 07:32 PM
    Assuming that you can still file for labor substitution, any suggestions on risk involved with substitution for future employment?
    GOOD LUCK!!!




    gc_chahiye
    10-24 04:32 PM
    I just looked at my old cases(H1Bs-I-129) and i see LUDs on them too!!! This is so weird.

    These are from my last company!
    LUD on 05/06/2006 - Approved on October 11, 2003
    LUD on 10/21/2007 - Approved on March 19, 2002

    I see LUDs but no difference in the status. They both say approval notice sent.

    whats your PD and 485-RD? Maybe your case is close to approval and they are just looking up older H1s




    danielp78
    06-07 09:00 AM
    This is the kind of attitude that we must have in life. Not just in our immigration matters, but as general view of what life is and how to get things done.

    If you want to change things, you have fight for it. And remember, trying to change the law is not against the law.



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