Friday, June 24, 2011

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  • SGP
    04-14 06:19 AM
    $$$$$$$$$$$$$$$GOOD MORNING GC$$$$$$$$$$$$$$$$

    Deadline = April 30th, 2011
    Goal = 5000 votes on survey (see I-485 filing w/o current PD thread) and momentum to continue with this campaign.The survey is a platform to gather and push for launching action items. Based on response by 04/30/2011 - IV will decide whether to even proceed with initiative or not.
    Actions - 1) Vote on survey.
    2)Email ivcoordinator@gmail.com with PD, ph#,email & subject "I485 filing impacted�,
    3)Print/Circulate Fliers and spread FB, wiki link (see "support thread")

    Dear IV Members,

    If you believe that your success depends on your immigration process - whether it's the ability to file I-485 earlier or to get green-card and citizenship sooner or whether it's the ability of your spouse to work - then you have to believe that your success somehow depends on the success of Immigration voice and these 170 volunteers in DC next week.
    As you may know, we are just one more week away from hosting Advocacy day in Washington DC where about 170 members of Immigration Voice will conduct nearly 250 meetings with offices of Senators and Congressmen. Such events cost money. If we have enough contributions, we can spend as per our budget of nearly $ 50,000. If not, we will have to cut back on the event spending and reduce the magnitude and size of the event.
    If you are not coming to DC next week, please do your part and contribute funds to Immigration Voice. It not only finances the event properly, it instills pride and confidence in the members who will be there in DC that there are thousands of willing supporters behind them who could not be there physically but are 100% with them in their determination and resolve.

    For background click here -> Announcement about April 2011 Advocacy Days (http://immigrationvoice.org/forum/forum85-action-items-for-everyone/1901186-action-item-advocacy-days-in-washington-dc-in-april-2011-a.html#post2301599)
    Contribute to Advocacy Event on the Capitol Hill (http://immigrationvoice.org/index.php?option=com_content&task=view&id=26&Itemid=44#onetimepaypal) (All one-time contributions will go towards organizing the Advocacy Days event)





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  • virald
    07-19 09:25 AM
    So, is it a good idea to wait until next week and then decide the course of action.
    Can we send another application just in case? Has anyone talked to their lawyer. As per USCIS, even if they send the application back, it might take 30 days to receive the application. (Understandable, since it is USCIS).

    Any one has any clue what to do?





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  • nixstor
    07-26 05:59 PM
    Not to dishearten any one or not intended against any one

    Buying a home right now?? must be kidding me. Do you want to commit for a 30 yr loan when the starting rates are around 6.75 ? (How many will get that rate?). Keeping interest rate aside, There is no way any one can make 100K by buying a home in the current market. I am glad you could and sorry that I couldnt. I am looking at the DC area market that went crazy and now is cooling down. go to www.zillow.com and check homeprices and what happened to homes in the neighborhood.

    Some facts about Allied Health care who plan on getting PT's and Nurses from India

    Do you know that they need to get a visa screen certificate (PTs and Nurses) to get into the country?

    Have you ever dealt with FCCPT & CGFNS (one that gives Visascreens for PT's & Nurses).

    Do you know that the license they get is temporary (6 months ) and by the end of the 6 months they have to pass licensing exam in the US?

    Do you know how much time they take for processing a type1 application (for applicants without a U S state PT license )?

    Applicants must take TOEFL CBT/IBT and get 250/92 respectively. I am not sure about the exact scores. On IBT there is a section wise score you have to achieve minimally. If you have TOEFL CBT you have to take TSE as well and get 50 min. Many people in India get 45 to 48 even after 2 to 3 attempts

    Schedule A is set to retrogress any time.

    Health care is not IT, other wise desi consultants might have been pumping nurses like crazy into the US.

    Hope I shed some light





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  • srikondoji
    06-07 12:38 PM
    In same vein, driving on road is privillege not a right.
    With 'privillege' you have to follow existing rules religiously then if it was a 'right'.

    In anycase, what we can only do with existing law is work with law makers and not protest.
    Thanks again for nice discussion.



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  • smisachu
    07-31 05:00 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.

    There is no silver bullet that will make money all the time. If some one says so he is lying. Options can give you a chance to minimize risk but also cap profits. And you can be wiped out in options routinely. However in stocks it is a rare event when your stock goes to zero.

    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.

    Trading is most certainly gambling, even fixed income. You can build a model and hedge to reduce risk and make it a calculated gamble but still a gamble..

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

    Most professional option traders generate income by writing options. Writing options are very risky as you have a theoretical loss probability reaching infinity. Forming synthetic positions will minimize risk but you might bleed hedging the position. A seller of option is long theta and short delta; a buyer of options is short theta and long delta. Think of theta as the time factor and delta as the hedge factor to put simply. If you sell a call option you have to hedge the option by buying delta units of the underlying stock. And when the call is at the money or near you will end up buying the stock high and selling the stock low, thus loosing money. Black and Scholes famously showed that in an option trade you can delta hedge the risk away. This is not possible and their model is flawed. But it is simple and intuitive and every one serious in trading options NEEDS to learn the model. You don�t have to know the derivation but just the model, and the partial differential equation. I can talk about the flaw and the smile and smile dynamics but many of these concepts need to be drawn out and very hard to explain with out drawing.


    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.

    Any model will work only for certain duration. That is why you need to keep running it and that is why quants have jobs. In stat arb sometimes you run models 3 times or more a day. I mean complicated mathematical models getting data from a provider and running large data sets to find the mean. And then trade when the stock diverges from the mean.
    Each strategy or model has shelf life, so you need to keep researching and running new models.

    Spreads are a good way of limiting down side while also capping upside. Volatility spreads are the most profitable ones and again short straddle makes money almost 95% of times but the 5% when they loose they will loose big. You need to have a certain limiting conditions and then hedge the spread with in this range. Usually you will make a little or loose a little. Sometimes you will hit a home run. It is easy to show this on a graph


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

    I don�t trade momentum, swing or technical indicators. But there are profitable traders who do this.


    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.

    Relative strength Index, McClellan RSI(2) and Oscillators can be an indicator of stock movement. Relating it to the option market is abstract but I think possible. But I feel the options will already be priced in for such potential movements in the underlying. A very good quant I know always says any new strategy will first manifest itself in the derivatives market before equity as the players there are much more sophisticated.

    I am not sure which retail trading platform has good back testing, try options first with scottrade. I use Bloomberg which has loads of functions like OVME-GO where you can back test , simulate and see the volatility surface.


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

    There are many good strategies but I have no idea on sophistication of each individual. For example right now you can sell credit default swaps on Goldman sachs medium senior secured notes and hedge it with delta units of binary in-the-money call options on the VIX. This will give you synthetic exposure to the notes with steady cash flow and the binaries are cheap. If goldman defaults the VIX will sky rocket giving you a handsome payout better than what you will have to pay on the senior secured notes because of high recovery rate if all the default climbs up to the senior tranche. Actually this would be equal to the end of the world in today�s market.

    Or better yet just buy SPX and sit, the market is doing all the work for you.

    The US natural gas market is in contango (I swear this is not jargon:o, there is no other term). So buy long dated/leap calls at the money now. In 2 years you will be so deep in the money you wont know what to do. But average retail investor cannot hedge this as he cannot trade spot.

    So I guess my point is there are sophisticated ways to make money for which the average retail investor has no access to. If there is a simple way then it has already been exploited under the no-arbitrage clause of free markets.

    If you have 2-5 year horizon. Go long the market and sit on it would be my best advice. If people want to meet and share ideas I am open to it. I live in NJ so NY/NJ is fine spot to meet.





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  • sj2273
    12-23 03:13 PM
    done!
    Happy New Year everyone!



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  • zeldafreak
    06-03 10:22 AM
    can i join this battle?





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  • jaihind
    09-14 04:21 PM
    I agree with you guys...especially even if they permit 485 filing pending the priority date...it will help a whole lot of people get out of their employer's tyrannical grip and lead a free life.....:) ...I only hope the SKIL bill gets passed in some way sooner.....



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  • gjoe
    12-07 11:31 PM
    Two thumbs up to whoever came up with this idea. I would suggest some of us should apply for jobs in his administration since we already have our EAD. We can submit our resume on the www.change.gov site.:)





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  • Be_Pragmatic
    07-19 06:59 PM
    Good job in starting this thread. I got frustrated like this a few months ago for the same reasons that you & the other members have mentioned here; it definitely resonates with mine. So, recently I have decided to move to Australia by applying for a PR and plan to be there for a few years before eventually moving back home.

    This is what I'm doing right now:

    [1] Working on my PMP cert. [2] Will be starting a business outfit in Chennai shortly, by the end of this year.

    Come on fellas, all of us in this thread are so capable of achieving great things. Please don�t let something like this stop you from achieving what you are truly capable of. I�m not suggesting anything, but look at whatever options that is available in front of you and I�m sure you will find a way out!




    Hello All,

    I just wanted to start a new thread to discuss career options for those who have been on H1b for 6+ years.
    1. Being on H1 more than 6 years and waiting for GC means you have been stuck in the same job for several years.
    2. You can't start a masters because you are not sure if you will ever be able to complete it
    3. You have kids who are already growing up.
    4. Your wife has been waiting to start working for years now.

    So feel free to discuss anything related to these issues here. Let's exchange ideas and everyone can make informed decisions for long term :)



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  • SFSweta
    08-18 02:38 PM
    Hi everyone,
    I just called everyone on the list.

    The one thing I felt once my part was done was my sense of accomplishment - I helped - in the smallest way possible. Trust me - while I consider myself blessed when I read some of our members' story - I still feel like my battle to reaching this point is very poignant.

    Call - feel good on a Monday (which usually is SUCH the worst day ever of the week for me:).

    Thanks for your help with this and all the best with your greencard application...

    ___________________

    PD: July 2006
    RD: July 2nd 2007
    ND: August 10 2007
    I140 Approved March 2007
    I485 - LUD Aug 31 2007





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  • 53885
    01-30 05:27 PM
    Now it became # 28. Question on: Immigration

    Everybody please go the URL http://dyn.politico.com/debate/democrats/VoteForQuestion.cfm
    and vote for question number 20 .The question number is changing please look for the text below and the title "Immigration" before you vote
    T



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  • addsf345
    08-20 12:58 PM
    Here are the answers -

    You have H1-B I-797, You may have H1-B Stamp, Your I-94 says H1-B, Therefore Your Status is H-1B, Your Work Authorization Document is H1-B.

    You file 485, You file for AP and EAD, You get AP and EAD, You haven't used either yet.

    You exit USA, You return to USA using AP.

    Your I-94 now says "Parolee", Your status now in USA is "Parolee/Pending AOS"

    Your Work Authorization for SAME (continuing) employer is H1-B
    A.K.A. NO NEED to use EAD.

    There is NO SUCH THING as H1-B Transfer
    Every H1-B filing is a new one, USCIS checks if
    1) You have valid remaining 6 year period at the time this new H1-B that they have received AND
    2) You have been counted against the H1-B before in the last 6 years or not.

    So now after I-94 says "Parolee/Pending AOS", You CAN
    A) Extend your H1-B with the SAME EMPLOYER provided you have time left in your 6 year window
    OR
    B) File a new H1-B with a DIFFERENT EMPLOYER provided you have time left in your 6 year window AND you are counted in the cap
    OR
    C) Move to this DIFFERENT EMPLOYER WITHOUT filing H1-B by using your EAD.
    in scenario A) your status CHANGES from "Parolee/WaitingAOS" to H1-B with SAME EMPLOYER once you receive your new I-797 that has I-94 at the bottom, you keep working on current H1-B that is being extended
    in scenario B) your status CHANGES from "Parolee/WaitingAOS" to H1-B with DIFFERENT EMPLOYER once you receive your new I-797 that has I-94 at the bottom, you start working on new H1-B receipt notice until that gets approved and then on the new approved H1-B
    in scenario C) your status STAYS "Parolee/WaitingAOS", you start working on your EAD which is NOT tied to any employer.

    Many people FEAR that they should CLING ON TO H1-B "just in case" 485 is denied. Well that fear is not well placed since if your 485 is denied at any point in either scenario A) or B) even though you may remain "IN STATUS" you probably have run out of 6 year clock by then. Conversely, in scenario C) in case of 485 denial, even though you may temporarily become "OUT OF STATUS" you can immediately file H1-B with the working or a different employer to get back "IN STATUS" if your clock has not expired by then.

    between scenarios B) and C), scenario C) is simpler and easier as long as the job is same/similar if you are using AC-21.

    Hope This Helps.

    very good information. Thanks add78.

    Small query. If I am in my sixth year of H1B today, and if I file for H1 extension,
    1. with same employer, I actually got 3 years extension. (being 140 approved)
    2. with diff. employer, would I get 3 years or just six months, or not at all?





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  • since1996
    03-13 01:04 PM
    That is correct, 9 months and then I will return to my country for good.
    I am waiting for the day when we get the GC , we will tear it into pieces and throw in front of consulate.

    Cheers

    donate $5K if you do this.....so Just Do It!



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  • Legal_In_A_Limbo
    04-28 03:23 PM
    Another LUD on my case. Seems like they are actively working on my case.





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  • anzerraja
    07-19 08:45 PM
    There is a funding drive in this other thread towards reimbursing Aman's expenses.

    http://immigrationvoice.org/forum/showthread.php?t=10708

    Could you please pledge an amount ?



    No. It's not a typo. I had met Aman in a conference in December. He was talking about selling his house to contribute to IV (I really hope he didn't have to). But he has contributed a small fortune to this effort.



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  • sc3
    08-20 06:04 PM
    You are lucky man , my daughter is just 3 years old , I have to wait 1 year more than you :D:D:D:D

    Well, you can do PD porting :D :D. Adopt a 16-17 year American citizen kid(?), and you will be good to go soon. I guess you cant really adopt people beyond 18 years, but if you can, it will be like PD-porting to EB1 !! ;)





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  • letstalklc
    08-26 11:42 AM
    Yes, You are right...ICICI screwing up the customers like any thing.

    Try using onlinesbi.com/gls for money transfers and u can also open NRI account....I have also used to use ICICI before but from past 1 year I am not using any more ICICI bank....If you guys want to open speak with New York Branch Asst Manager Saikrishna, he is so nice, he will helps you like any thing in terms of every thing...I have ever seen such type of friendlyness in any govt organizations.....SBI also gives better rate than any other banks or web sites.....

    Guys time to realize that the ICICI is not a good one....more over it's private bank.....with govt banks you have 200% security.....





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  • GC_ASP
    06-14 08:33 AM
    bump





    gumpena
    07-14 05:42 PM
    signed..





    kumarc123
    01-10 09:39 AM
    I have been a IV member since 2006 . I have seen the ups/downs . donated money , sent letters , attended rallies and done whatever has been been proposed . But I see that many senior members who had the drive to motivate people are not sending or being part of any messages or threads at all and that is exactly why the movement seems to be losing steam .

    The standard response that I see to any question is "have you donated money ? " . "Don't ask for anything till you have donated. " this is followed by some some red dots which normally works to silence the questions. People will be willing to donate when they believe in the movement . I remember we collected $ 30,000 in 1 month before the rally there was huge thread with all the donations . People were charged up and the money came up automatically . I am willing to donate but to be brutally honest I do not see the same level of motivation as was there in 2006 / 2007 days .Please use this as a wakeup call and not as reason to vent your frustration on me .

    There are many senior members who I do not even see any more . Members joining in late 2007 or early 2008 will not know any of these guys .

    Aman Kapoor . He is the founder of IV . I have not seen his messages since the past 3 years almost . Where is he ? Is it too much for him to send a greeting in New years eve motivating the members ? It takes just 2 minutes .

    Mark Bartosik :- He was supposed to the spokesperson for IV .The guy with the MasterCard sign for immigration . I have not seen him for quite some time now
    Where are the other senior leaders like
    a) Walden Pond
    b) There was a this British Girl from San Jose ( had a handle which had name like Rose or something )
    c) Niloufer Bustani from Dallas. I see her once in a while but very sparingly .

    The others even I have forgotten completely.

    The only leadership/core that I see is Pappu and no one else . If you have a country where the prime minister shows his face only once in 4 years , how are the people supposed to believe in that movement ? Please don't reply with a message saying what have I done or why can't I contribute money ? I have done that I am looking for leadership to show us the way and motivate us . All campaigns don't need money donations( Letters , calls , faxes etc ) . We could start with that and then drum up support and momentum and then the money will start flowing in automatically . There has to be a synchronized campaign organized by the leadership and all I see is everybody putting their eggs in the basket called spillover.

    Precisely,
    they ask me for monthly contributions and I ask them to hold something big, a rally or something first, as I was not July2007 filer. That's why I am stopping to come here now. To ask for contributions, IV must hold something big,