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Thursday 23 June 2011

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  • swamy
    12-12 08:42 PM
    I dont think it's a good idea. The fundraising thread demonstrates that we do have people who understand the stakes and are willing to do something about it. Ofcourse we need a lot more money but we should be able to persuade people to contribute voluntarily. I don't like exclusive clubs





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  • obviously
    08-19 03:32 PM
    Seriously, folks. What's with this thread? Total waste of time.

    Someone announces his 'greatest achievement' ... others challenge him to show true patriotism... yet others ask him to continue supporting India etc., AND this chap actually responds :)!

    Wow! Seriously we all have too much time on our hands to be self promoting / congratulating / reminiscing etc...

    Glad that this person will call US Senators etc., lets thank him for that and keep moving... instead of grilling him on things that matter to you! He owes you all no explanations or apologies.

    Peace!





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  • B3NKobe
    06-11 02:57 AM
    Guys: Feel free to make new entries, but let me know what one u choose for the polls :D:D





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  • sammyb
    01-31 12:59 PM
    just curious to know what is the reason that 22 people till now didn't vote for the question ... what do you think could be the reason ...



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  • caliguy
    09-18 01:35 PM
    Thanks @ geesee.

    I was transferred to a IO yesterday. She was rude, told me that I should not be calling since they responsed to the first SR that was opened by my attorney on 09/01.

    Not sure if you read the other thread, but I have got 2 responses from USCIS so far - one for inquiry that was sent when I took the Infopass and the other one that was opened by my attorney.

    Response that I got for inquiry from my Infopass was " Based on the additional documentation provided, your case qualifies for expedited processing. You should hear back from us in 60 days. If you do not hear back in 60 days, please call us back".

    I havent provided any documentation to them in the last 2 years, after my FP was done in September 2007.

    So when I talked to the IO, she read out that message to me and in a subtle way asked me "What part of that message do you not get"?? I was trying to explain the situation to her, and before I could finish - she said "Sir, I got to move on and take other calls, please dont call back before November 15th".

    And then she said the part that chuckles me the most - Sir, is there anything else you would like to me repeat, or do you have any other questions.....??

    Hell yeah, I only have one question - when will I get the magic email?? :o





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  • javadeveloper
    11-25 12:07 AM
    i am working on H1B and my wife is on H4, she was not included in 485 yet so she is not having EAD, can i change status from H1B to EAD, please advice.

    Let's assume you used EAD and lost H1B status.What will happen to your wife's status?She may loose H4 status because you are no longer in H1B status.I guess it may be better for you to stick with H1B.I may be wrong , take professional help



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  • kubmilegaGC
    09-17 07:30 PM
    Thanks @natraj @fatjoe @Vikki @apb - thanks for all suggestions -:)

    @ cali - talk to senators's immigration liaison and explain the contradicting response(s) that you are receiving and ask if they could help - at this time lets take a diff approach - let them ping USCIS rather that you..see if that works.

    @fat - 2nd SR was for wife and we seriously think that IT did the trick

    I am wishing THE BEST for all of you who are waiting...next few days guys - you will get it! 100%





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  • thakurrajiv
    07-30 12:02 PM
    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.)
    alphais the excess return
    betaR is market return or what the price of the commodity does in the duration chosen. (Market betais 1)
    epsalonis 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!!

    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.



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  • misanthrope
    10-02 11:54 PM
    Someone left me this comment with a red (ofcourse).
    "Just because you are a consultant to a sleazy company does not make you incapable. The company might be not the consultant."

    Sir/Madam,
    I totally agree with your first statement. As I posted, people can be victim of circumstances. But, I believe there is always a choice and people tend to agree with their selfish side. It's the human nature. Please note that I am NOT questioning skills/knowledge of an EB3 candidate.
    Baffling picture is that people get on the defensive in a second without justifying wrong doings or criminal acts. They tend to question other person's credibility or totally discredit his statements without even addressing the question.





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  • thakurrajiv
    07-30 04:23 PM
    Does optionexpress platform provide any special advantages related to option trading in terms of strategy analysis etc? I have etrade and I am not sure if i am missing anything

    It is the cost. I think optionexpress charges 9.99 flat fee for any number of contracts. Most other well known brokers will charge some flat fee + per contract fee.
    When I researched this is the cheapest I could find for individual options trading.



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  • gc_boy
    04-08 01:59 PM
    3- 5 business days





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  • alterego
    11-27 07:38 PM
    I am a highly skilled professional working in this state providing a valuable service. I have a green card petition pending. Those like Lou Dobbs oppose migration of those of my kind, virtually any kind. Please tell me why? What do I tell my grateful patients, about this self acclaimed patriot?
    His is an agenda against all immigration. He just finds the most convenient arguments now against illegal immigration. Let me explain, I am on H1b visa, he criticizes that as well. My conclusion is he wants me to leave too. Ask him to name one kind of immigration he is for.
    His is an agenda against all immigration. I trust America can see past it. Recently I went to an upper end car dealership in Detroit to buy a car. The dealer there commented that if it were not for professionals like myself buying his cars, his dealership would struggle. I'm not sure why Lou Dobbs does not wish to understand that. He is certainly smart enough to do so. Perhaps he does not want to understand. He preys on the worst fears of people, instead of building on their optimism. That is not what got this country where it is. If this country were full of Lou Dobbs, frankly I would not want to be part of it. Fortunately, I believe it is not.



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  • kerstbrd
    07-18 09:57 PM
    This is applicable when 140 has been approved. If 485 is retrogressed then you will get 3 year extension. If it's current you will get 1 year extension. Guess depends on luck. For e.g if some one has applied for extension in July he/she will now get only 1 year. I found this in a lawyer's chat transcripts.

    Makes me wonder why we're paying our lawyers. I'm learning more from this forum than what he's told me over 6 years of interaction.





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  • ssa
    10-07 11:12 AM
    Indian markets are in fact more controlled (by the government) than US ones. Last few years were like "wild wild west" on the Wall street under the cloak of "free markets" theory with practically no oversight or regulation of any kind which ultimately landed us all in this hole!!

    It's not a wise decision to invest in India for another few years. If a controlled market like the US experiences such short comings, you cant even imagine how things will get in India. It's going to be extremely volatile and the armageddon is just about to begin. Stay away from there.



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  • gcisadawg
    03-11 04:24 PM
    There are people from EB3 with PDs in late 2001 and 2002 and 2003 who were not able to file I-485 due to the delay at BEC. These numbers excludes them I wonder how many EB3-I applications that would be!





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  • WaldenPond
    03-13 12:12 PM
    I completely disagree with your message here. You dont even know what the personal reason for not participating in a state chapter is. I, for one, am unable to join a state chapter, because , the nearest chapter is 400 miles and 2 states away. What good would it do to me to join something that I can never be part of. I wanted to start a state chapter here in my place, but I couldnt find any useful resources on how to do it. May be eb3_nepa has some reasons like it.

    Like you said, IV is not a top-down organization, which means everyone is responsible for everyone. I dont see anything wrong with eb3_nepa's questions. He wanted to know what is going on. I am sure there are lots of people around here who has the same questions.

    The Admin Fixes letter campaign was a good initiative. But, the target date got moved twice, and now I dont even know when the end date is.

    May be IV should be a top-down organization. Any organization as big as IV would probably be better served with a Top Team. That team could probably elected by the community. I am confident, that most of our members wouldnt even mind spending a few extra bucks to pay a honarary amount to this team for their efforts and time. Then there will be more structure and accountability and action going on around here.

    I came to know about IV pretty late. When I did learn about IV and joined IV, I was a very enthusiastic participant. Of late, I do believe IV is fading away. I dont see so many activities going on around here. Like eb3_nepa and few others said, IV is right now becoming just another Immigration portal. It is starting to lose its identity.

    After doing all the hard work to gather a mass or like minded people, it will be shameful, if IV drifts away from its stated aim. So, may be it is time for every member, including core members like you to refect upon things and come up with ways to make this organization more transparent and more accessible for people like me.

    Like Waldenpond said, it is probably not wise to list all the items going on in the portal. The work around to that would be, we can add another membership type which is more restrictive. This membership group will have only members whose identities have been verified. Once this group is created, IV can post all the happenings accessible to them. This will help people like me who are unable to be part of any state chapter to know what is happening at IV. Keep our sprits high.

    Thank you

    When you join a state chapter or a group in your area, it is not necessary to conduct face-to-face meetings everyday/every week, although in person meetings wouldn't hurt. The idea is to create a channel to dissipate information through channels other than WWW. Believe it or not, there are lot many folks from anti-groups who lurk around just to keep an eye on us. Participating or becoming part of the group near to you and encourage others to do the same will also help to build/strength a group of like minded folks in the area who could then team-up to meet with local lawmakers from your area/state. We are a grass roots organization and we need to have a stronger grassroots in order to continue to be more effective. As I said earlier, this channel also is very useful to dissipate information which cannot be shared on world wide web.

    Now a days when everybody has presidential election on their mind, immigration issue is not on the list of things to do for most lawmakers. As such, it takes time for the updates and the there are updates that cannot be disclosed on www. We continue to work on our issues in manner we have always worked in the past. And in the absence of Congress not taking up our immigration issues, it some how becomes our fault even though it is ok if some folks would show up from time to time and suggest that they have reasons not to join a google or a yahoo group. And all of a sudden the problem is with organization and the manner in which we work and then there is an urgent to create a “process”. Although you seem to be suggesting that you want all the ducks in the row and world peace issues sorted out before you will start accepting updates in exactly the manner in which you like to receive them. Is that correct? How about the idea of getting actively involved in your area and create an active chapter, which was your idea to begin with, and one I would agree is an excellent idea.

    It is of'course a valid question - “what is going on”. Also it is a very general statement and one which can have a very long answer and one which can be answered in few words. If you become part of a group in your area, you will know what is going on. Please understand that a significant number of members are putting lot of effort, if others are not able to participate actively, is it not fair to ask others to help in organizing in groups in the local area and be regular communication so that action items could be handled effectively?



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  • anilsal
    11-15 02:41 PM
    Why do people spread the false propaganda that H1Bs do not pay taxes? This is utter nonsense.

    This is one place where wrong information is provided.
    http://www.zazona.com/ShameH1B/Library/Archives/SaveSS.htm





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  • boreal
    06-13 05:15 PM
    Called them all, had to leave a VM for Gary Miller, but for all others, i was able to talk to one of the staff, who were glad to pass the message along.





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  • Humhongekamyab
    07-02 04:58 PM
    We all will have to work to make the injustice visible; only then will the employers start behaving.

    We all remember there used to be a IV voice member who used to leave abusive comments to everybody. Once we all made a hue and cry about this Pappu took action against him by disclosing his identity and since that day we have not seen any complaints by members.





    kate123
    03-10 05:20 PM
    I am trying to get the original question info from him. Probably he will read the thread and answer it.


    I guess it is 485. Country of birth does not come in to picture at 140 stage.





    caliguy
    09-16 08:41 PM
    seekerofpeace - I hope they have not lost my file. I have not been able to get a concrete answer so far as to what is happening with my file.

    My attorney had filed 140s for in EB2/EB3 and I hope they have not taken my app and classified it as EB3. We sent the EB2 I-140 with the AOS app so I dont think that would happen but stranger things have happened with USCIS.

    Response that I got from the local senator and from what I read in the other thread you created, I think visa numbers are over for 2009 fiscal year. We will now have to wait until October. I dont mind waiting until October, but I want to use the next 15 days doing whatever I can, so atleast in October, I have some chance of getting approved.

    Good luck to you, hope everyone who is waiting gets the good news soon.



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