Wednesday, June 15, 2011

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  • tnite
    10-24 03:45 PM
    tnite..

    I think he is one of those lucky ones ..whose I-485 was approved by USICS just before the July 2 fiasco....Remember they exhausted 60,000 visa numbers by burning mid-night oil ?? ring a bell...

    Then why is he worried that USCIS reopened his H1 when he's got his GC already?





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  • Junky
    11-04 08:13 AM
    Done





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  • eager_immi
    01-31 01:46 PM
    I agree it is a completly unfair practice and i am glad it is stopped

    ----------

    that was the idea behind it, but when a feature is being misused and exploited that needs to be plugged. If microsoft needed a genius they can bring that person in on EB1 or H1B or B1 visa. there are many other avenues.
    How do u feel that a person who arrives in US yesterday, buys a labor, gets his GC within a year while thousands of us are waiting patiently.
    It is an unfair practice and should have been stopped long time back.
    It's never too late though.
    Selling labors became the business model of manyof these companies.
    Are they doing anything illegal? NO.
    Are they doing something ethical? NO
    So, the law has to change to give everyone a fair chance.





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  • trueguy
    11-04 12:59 PM
    Feb 2003!

    I feel this is too small a specimen to predict anything but so far about 25% are Jun 2003 or older...

    Below is purely my speculation!

    Assuming there are 400k applications pending (may be a bad assumption) > so about 100k with PD's Jun 2003 or less...

    10k per year allotted so 10 years to reach June 2003 :confused:

    I hope my calcs are wrong! God Bless us!


    Guys: This is just for EB3-India category.



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  • gauravster
    05-04 11:32 AM
    Many folks suggest that this BIll (when turns into a law) would promote outsourcing..but how does these set of changes being proposed by Odama's admin. would affect outsourcing??

    http://thecaucus.blogs.nytimes.com/2009/05/04/obama-takes-aim-at-offshore-tax-havens/?hp

    I know it wont "stop" outsourcing in any way but seems like they claim that they are " taking away the tax advantages of companies shipping jobs overseas"...Iam sure its more complicated than that..

    However the kind of tone being set by the incumbent these days, I believe reflects the current administrations policies that might trickle to us(documented workers) as well.. not sure..

    However this can be also looked at, the adminstartion si trying to "show" that they are doing whatever they can disccourage companies from sending jobs overseas..and then eventually take a stab at CIR..wishful thinking..:D

    To read other side of the coin, go to Wall Street Journal. http://online.wsj.com/article/SB124144387757983265.html#mod%3DtestMod%26articleT abs%3Darticle

    Not sure if it prevents outsourcing or not. It will have a significant impact on all fortune 500 companies incorporated in US. it would encourage companies to be incorporated somewhere else and set up a subsidiary in the US, so that international income is not taxed.

    Exposing tax havens is one thing, but taxing income of corporates generated in another country another.

    I think a government should only tax GDP produced within its borders and income of people living within the borders. The benefit of being incorporated in the US is usually that of access to capital markets, but in a globalized world even companies incorporated at other places have this access now.

    Overall this is a good bill(esp when applied only to individuals), a lot would depend on what gets passed finally. For corporates the high tax rate is very high(35%, deductions bring it down to an average rate of 25%) and while these deductions are removed, the top rate has to come down, something which seems to be missing.

    My view is that with regard to taxes, rather than a fix here, a fix there and making taxes more complicated, it would be better to just simplify it as a whole, abolish most, if not all deductions(keep deductions used by most 90% people which are few) and charge a fixed 15-20% of GDP (with some progressivity).





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  • girijas
    06-19 03:30 PM
    http://www.opencongress.org/person/sponsoredbills/400245_zoe_lofgren

    Check out the above website. 6039 is the one relating to STEM and it has 26 co-sponsors



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  • Lacris
    07-17 09:33 PM
    I agree with your opinion however we might be in the minority here, fellow members(some of them) are just concerned about getting an EAD and AP. They do now know the issues we face after that. Every year renewals, associated risk of not getting AP in time to travel out and not to metion that fact that this will definitely add to the waiting period indefinitely again unless we get together and initiate a campaign for
    1. Recapturing unused visa numbers from past years
    2. Getting USCIS to treat Primary + Derivatives as one Visa number rather than individual.

    any takers?
    cheers - peace

    How about they don't count dependent children under maybe 14 to the annual quota. They don't need EADs and they will not compete for jobs with anyone for a long time.





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  • sobers
    06-07 10:31 AM
    well said logiclife....you should write an op-ed somewhere using this info....

    And if you personalize this a it, you could do a powerful piece like Karen Rives from the Charlotte News & Observer.

    http://www.newsobserver.com/690/story/446687.html
    Our lives were in the hands of tired officers...

    Or like the two folks who wrote this piece in the Pittsburg Post Gazette

    http://www.post-gazette.com/pg/06157/695926-28.stm
    Private Sector: 'Legal immigration' doesn't work
    Our laws are convoluted and dysfunctional and need to be changed....



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  • smisachu
    01-23 08:57 PM
    good thread. I do little bit of trading myself from a personal brokerage account and made some pocket change (few hundreds by trading commodity ETFs) recently. in layman terms, can u explain wht do u mean by ' US natural gas market is in contango' .

    First of all note that the original post was alomst year and a half old so dont go by the ideas there now :D

    In commodity markets you trade futures and spot. Spot means immidate delivery of the under lying commodity. In futures you pay today for delivery at a future date. So typically the price of the future will be the price of spot + the storage charge (simple calculation to give you an idea considering no premiums). As the day of delivery approaches the price will pull to spot price. For example if west texas intermediate (WTI) crude is $92 spot price the 3 month future will be $100. (92+8 for storage). Considering that the spot price does not change at all, in three months time the price of the oil you will now be purchasing will be $92, but you paid $100 for it. This is backwardation. This is usually how markets are most of the time.

    Now if in 3 months the price of WTI is trading at $110, you will own oil you paid $100 for and now can turn around and sell for $110. This is contango.

    When you buy a commodity ETF, they dont take actual delivery of the product, they roll their contarcts. So they will hold a 3 month contarct and when the third month approaches they sell the contarct and get another 3 month contaract. If market is in backwardation then they will always be buying high and selling low. If market is in contango they will make money but as soon as it switches back to backwardation they will ride down the slide and loose all the money they made. So I dont think ETF's are agood way of making money in commodities passively. You can actively manage the ETF portfolio and make money using options and hedges and leveraged ETF's. But buy and hold, I suggest go and invest with a CTA who will be trading rule based to negate the effects of contango and backwardation.

    Hope this is simple enough:)





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  • greenguru
    05-21 07:22 PM
    India Network Foundation
    3956 Town Center Blvd #340
    Orlando, FL 32837
    Fax: 800-837-6384
    Web: http://www.indianetwork.org

    Advantages :

    1.working with AIG, insurance carrier for many years on offering pre-existing conditions coverage

    Hope this helps, call them out as well.



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  • punjabi
    06-03 03:40 PM
    All the phone receptionists were very courteous and they all promised that they will pass on the message to the reps.





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  • nviren
    04-19 02:46 AM
    logiclife, ragz4u,

    All things considered, do you think it will be a good idea to call up the members to remind them that IV needs contribution?

    If you think so, then we can form a group of, say, 10 people and each of them would call 200 members nudging them about contribution.

    I will volunteer to be on the group.



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  • wantgc23
    07-30 06:27 PM
    I am not a chartist or day trader if that is what you want to know. I have worked in high frequency Stat-Arb trading which also does micro caps sometimes.

    smisachu,

    Where can one learn about high frequency trading ? Can you suggest books that mathematically model various instruments price movements such as stocks, options and futures ?

    Thanks in Advance!





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  • sayantan76
    05-23 09:42 PM
    When I called Lucille Raybal Allard's office last week, a rep from the office had an extensive conversation with me about both the bills and they have not heard about them before. He recognized me when I called him back to check if they made a decision.

    Alright Folks, Let us not get distracted. We have lots of work to do.
    what was the decision though? not trying to question your calling but just curious on effectiveness.....

    the fact that the person remembered you does not mean anything.....say, i run a hardware shop and have not sold a mousetrap in months - suddenly 3 people come in asking for a mousetrap - despite the fact that i probably get hundreds of customers - chances are i would remember those 3



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  • saimrathi
    07-12 07:51 AM
    As I said, I wish I could make it.. But I'll be there in spirit...

    If you pack your bags and leave tonight you may be able to make it here by Saturday. Instead of sitting at your computer on IV all day and posting the same messages on all threads why not join us!





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  • visves
    02-11 06:52 PM
    Absolutely not. AC21 only removs the per-country limit in any calendar quarter in which overall applicant demand is less than the total of available numbers. In the present calendar year, the overall demand is defenitely more than the total of available number and AC21 priviledges would not apply.

    DOS would clearly violate the 7 percent limit if excess EB2 ROW numbers flow to EB2 china/india. Don't want to get into an argument here, so I will leave it at this. Each person is entitled to his/her interpretation just as DOS has its own. Peace.


    What ever you are saying is absoutly true till year 2000,ie before AC21 act.

    But after 2000, the simple answer is NO. The unused numbers in EB2 shuold go to retrogressed countries in EB2 first, and if any numbers are left then it should go to EB3-ROW.



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  • gaz
    09-17 02:34 PM
    unregistered sex offenders and illegals



    Another amendment from the King.....





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  • kubmilegaGC
    09-15 11:14 PM
    It seems like its just me and kubmilegaGC left from June 2004. Anybody else from June 04?
    We are going to GET THERE @cali - really anyone else with June 04 or prior?





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  • sbabunle
    08-19 04:58 PM
    You said it. Some years ago people who filed in wyoming get lc in 3 months
    and got GC in 1 year. I know a friend who completed the whole process in 11 months :)
    What to do? This world is a big unfair place. we have to live with that I guess.

    Congrats buddy ! Its quite ironic that there are some people who filed a few months here or there from your PD in 2000/2001 and are still waiting for their GC and I know a few people who filed for GC in 2003/2004 and got it in 2005.

    The odds of getting lucky with USCIS are worse than hitting the jackpot .

    Best of luck to you .





    hope_4_best
    04-27 05:21 PM
    Hi,
    What do you mean by IMG is very good?? Could you please elaborate??

    Thanks

    In Dec 2007 my dad got admitted to the hospital for 17 days due to DVT (Deep Venous Thrombosis). Total bill from the hospital was $48,000.00. IMG paid most part of it and I paid approximately $2000.00 as patient resposibility.





    johnwright03
    07-30 11:51 AM
    Wow...You seem to be a Guru in this field...!!! expert in the lingo too....

    Dont even think about it unless you are a quant and have resources that can compete with the Hedge funds. Commodities do not behave like stocks, you need to be able to model prices using multi variate models. Then there is jumps. You should be familiar with jump diffusion/step functions etc. To be able to model these you will need to use a factor model like the Pilipovic model. Even then it will only be an approximation.

    Commodities are purchased as futures. Futures are derivatives and you will need to hedge them. A perfect hedge for a future is 1:1 in the spot. Since there is no arb here you will have to use options. To model the price of an option you will have to be a master of Black-Scholes option pricing model or a similar method like monte carlo simulation. Even if you figure all this out you will have to delta hedge. Delta hedging commodity options is very expensive, you will bleed money. Look up Hodges-Nuberger model for delta hedging options on derivatives.

    I suggest a book by Daragana Pilipovic called "Energy Risk", buy it and read it. After that if you still feel you can take on hundreds of computers running parallel with teams of quants modelling prices and programs trading algarithimic models; then Good luck!!

    Trade stocks as modelling stocks is comparitively easy. Stocks have drift (mu). If you are saturated with stocks look into options and Fixed income. Leave all these complicated stuff to the pros. You have better chance of hitting a jackpot in a casino than making money in trading commodities.



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