Sunday, June 26, 2011

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  • sai.bhargavi
    07-15 11:42 PM
    here goes the link from youtube on San Jose rally

    http://youtube.com/watch?v=X-dduQvFmfY

    also some interesting ones on the current fiasco

    http://www.youtube.com/watch?v=ovhoH0ZW0No&NR=1

    http://www.youtube.com/watch?v=cspG7EmDPWY&NR=1





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  • gsc999
    07-11 02:25 AM
    Administrator - Please make this the new sticky for San Jose 07/14 peaceful walk.





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  • gc_kaavaali
    12-12 08:38 PM
    I won't be a member at all...because if we make anything mandatory and don't let people realize what we are doing...i think people won't become member...

    There are so many (lazy) people who access this site and not even bother to become member...

    it is like catch 22...If u charge membership fee we will not give access to any of our forums for guests (it should be otherwise what is the use of taking membership)...if u don't give access to our forums how people know what IV is doing...

    again it is my personal opinion...i may be wrong...

    will you be member? I would propose we charge a mere $25 fee for registering and then monthly contribution of say $25. Then we run special funding drives for lobbying when ever required. Will you be a paid member to come out of GC mess?

    Please participate in the poll.





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  • belmontboy
    06-17 05:38 PM
    its greed!

    Most of them are initiated by "Ambulance Chaser" greedy lawyers.

    Everyone wants to make quick and easy money, doesnot matter if somebody gets screwed bcoz of that. No wonder why we see soo many lawsuits, and some really ridiculous ones too!



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  • satishku_2000
    07-27 02:41 PM
    If the current wage is consitently higher than proferred for past 2 or 3 years, is that good enough to prove the ability to pay?





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  • bkarnik
    09-17 01:50 PM
    The effective date could be one of the amendments .... it is changeable.

    yes it is...but will they do it?:)



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  • belmontboy
    07-18 08:02 PM
    For diversity they have GC lottery. Having per country limits in EB categories doesnot make sense





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  • jingi1234
    01-28 10:09 AM
    Was this the first time you are coming to USA?

    or you went for a visit ? If yes what was ur original status in US..F1 or H1.

    I am going for chennai H1B visa on Feb 6....F1 to OPT to H1B...Scared to helll...

    I appeared for an interview on Jan 2nd. It took the consulate officers 16 days to call me and ask for original documents again. Darn PIMS verification! I resubmitted the documents on Jan 22nd through the drop box... and have been calling them daily to track the progress. They say they need 7 working days from the day the documents are received. I have already had to reschedule the flights once..and my employer is getting worried now. If I had known about the delays at Chennai post before, I wont have applied here. Chennai sux!!!



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  • georchen
    07-19 10:00 AM
    Signed by R.WILLIAMS at NSC For any one?
    Signed by R.Williams





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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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  • maverick_joe
    01-30 06:30 PM
    done. its Q 30 now..does anyone know how many Qs woud be asked from out there? is it the top 10? top 5?





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  • krupa
    07-15 04:05 PM
    http://www.mercurynews.com/ci_6380617



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  • jsb
    02-18 10:55 AM
    Congratulations to all!

    Dont see this thread active anymore - are most of you approved now?

    Any suggestions on what to ask at infopass appointment ?

    Thanks
    cinqsit

    This thread is for October 2009 Approvals, which is long gone. I don't even see a thread "March Bulletin Out", which usually should have showed up within seconds of Bulletin publication.





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  • h1aspirant
    02-03 03:09 AM
    Prashant,

    When they had asked you to resubmit the docs, had they given you 221g blue form?

    My case is weird, At the time of interview he approved my visa, gave me a card to fight for labour law enforcement in USA If I ever sit on bench in USA,
    and then collected my passport.

    When I received the courier , I was sure I have theb visa stamped already.
    But I found 221g blue enclosed, along with passport, asking me to resubmit I797 etc




    When I was asked to resubmit documents after the interview (via drop box), the consulate said they will need 6-8 working days from the date of receipt of the latter. They indeed took only 7 working days.

    Also, I believe they must already have done PIMS verification in my case since they asked for additional info 16 days after the interview. So in total it took them 29 days ( incl weekends)

    In your case, it doesnt seem they got enough time to do PIMS. It is hard to
    estimate the delays.

    Good luck though buddy....you will be fine.



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  • ilikekilo
    05-26 05:01 PM
    Salient features of Bill: S.1085

    After analyzing this bill, I found the following:

    1. This bill will recapture all those unused employment based visas (gcs) from 1997 till 2008 and it will add those recaptured visas to this year's employment based quota.

    2. After the passage of this bill, any unused visas will rollover to the next year. So, no more wastage of visas as we go forward.

    3. Per country limit will be increased from 7% to 10%, so more folks from over subscribed countries would be able to come under the normal yearly quota.

    4. We will be able to avail the benefits of the recapture after 60 days of the passage of the bill. That means, if they are able to recapture 220,000 (approx) employment based visas, the employment based category will be able to use all those after 60 days of the passage of this bill. USCIS is pre-adjudicating all I485s pending and if this bill gets passed in say for eg by October 30, almost all (80%) in this community (who filed 485) would be able get their GCs in Jan and Feb of 2010.


    What makes this bill much more interesting is:

    1. This is not a bill targetting the issues of Employment based category - So there won't be a huge backlash against this in the name of the economy and recession. The provisions for the employment category are just one item in this bill.

    2. Family based immigration reform has a wider range of support from all kinds of groups unlike Employment based immigration reform. Just search for this bill "Reuniting Families Act" in google news and you can identify all those organizations supporting this bill (they all have a news release).

    Complete Text of this Bill:
    http://thomas.loc.gov/cgi-bin/query/z?c111:S.1085:



    per this senators site it is 400K approx....

    http://gillibrand.senate.gov/newsroom/press/release/?id=CC4C8961-BF60-4182-A3EC-E96BC338EE30





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  • pdakwala
    04-10 11:53 PM
    Immigration Voice have shown to the immigration community what they can do. Let's look at what Immigration Voice have done so far.

    1. Hiring Strategic counsel (One of the top notch companies in DC.)
    2. Spending money wisely so that all the members have the best ROI.
    3. Convincing senators to bring amendments to the SJC immigration reform bill.
    4. Membership going up consistently.
    5. Endorsement from successful Immigration lawyers in US.
    6. Media coverage (Roll call article, NBC interview)
    7. Thorough analysis of immigration related bills, laws and provisions.
    8. Immigration Voice members trust.

    I don't think there is any thing left. What else do we want. Contributing $200 or more is nothing if you compare the pain that you take while waiting for the GC. Ask yourself what is important. The pain or contributing $200 or more to Immigration Voice.



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  • gc_on_demand
    03-10 04:48 PM
    One of the IV members has requested me to post this info.
    He contacted his senator to get the total number of pending EB apps for India.

    Please see the response from the senator in the following link. It has pending applications by category.

    http://sites.google.com/site/gc28262/Home/Eb-IndiaPendingApps.pdf.pdf?attredirects=0

    Do we know if this is for I 140 or 485 or both ?





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  • Sunx_2004
    04-18 04:46 PM
    that is the only way out for EB3s

    Way to go JimyTomy.

    For all well qualified EB-3 folks it is a good and legal way of getting out of this EB-3 India mess.





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  • nraja
    07-11 02:30 PM
    Is anyone make PDF about this rally? So, that we can circulate this by mail.





    chetanjumani
    03-13 08:24 AM
    eb3_nepa,

    Logiclife and Pappu are attending a personal matter of utmost importance at this time. WaldenPond (that is me) is here to answer your question and continue to actively participate in the activities of IV along with Logiclife and Pappu. Others names in your list have not been working in IV since long time � 2006. So don't know how to respond to your question about any of the other names.

    Advocacy is a long drawn process and we do not think it is the best interest of our effort to declare on-going advocacy efforts on the forum even when it means that we will not be able to quench the curiosity of some of the members. It will hurt our cause if we continue to announce advocacy effort details on the forum.

    Periodically communicating with members stuck in green card backlog in your community/state takes just couple of minutes in a week and is not demanding at all. This channel takes extremely less time to update yourself with what is going on. So that is the channel we are following at this time to share information. As such we request you to please join the group/team in your local area and use that channel to get the updates. When there is an update that can be shared on the forum, we do post the update for all the members.

    I received my green card in June-07 and shared this information on the forum earlier. There is one other member who received green card in past few months but for the purpose of privacy it is better for the member to have the choice if/when to announce on forum. I hope you understand and appreciate if someone decides not to announce a specific personal information on the public forum. No other member of core team have received their green card and regardless of the fact whether we have received the green card or not, we continue to do everything possible to work on fixing EB green card delays/backlogs.

    Hope this answers your questions.

    Thanks,

    Thank You WaldenPond and other core members for sleflessly helping the cause. Your effort is highlt appreciated.





    PresidentO
    05-12 04:53 PM
    Because your title and your message are at odds with each other.

    Did you just get out a meeting where the shouting match involved getting a life?

    Mr Elite, Now by 2010 please move to the north of border and dont hang in here.

    Troll Alert!!!