4.7.11

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  • chanukya
    02-05 05:22 PM
    IV has to priorotize before going to a lobbyist, with very very few contributions made, its very difficult to have everything bundled into a single request.

    Its also unfair that L1 has to work for specific company but L1 spouces can work for any company any job, its so funny, when you think H1 has to work for specfic company and only for specfic job, but spouces can work for any compnay any job any salary without any labor department intervention

    Immmigration awareness has increased a lot among US voters, when it comes to threat of their jobs being lost, and democratic senators are very much aware of it, hence CIR is no longer their priority.






    I am not fighting but YES, my reason to join IV was to find justice to the H-4 not being able to work when L-1 spouses and Agjob spouses (I read this a year ago) could. Although no promises were made from IV, I was surpired today since nothing was ever said regarding no interest in the H-4 cause when many discussion were in place. Here people contribute for their own benefits, I was here for the H-4s, that is why I transcribed part of the conference calls too, so I was somehow a contributer to a cause that doesn't represnt my interests, but I know it represents the interests of the unmarried folks, or married to IT spouses folks.





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  • indyanguy
    11-11 09:48 AM
    Thanks everyone for the feedback. Can some guru put this issue to rest? I guess the only question that remains is:

    "For a person who has extended his H1 beyond the 6 year category on the basis of AOS, would this H1 extension be valid if I-485 is denied (either wrongly due to AC21 or otherwise)"





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  • jonty_11
    07-11 06:35 PM
    story/rumor was that only Texas center was holding off application...is Nebraska doing that too?





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  • smartboy75
    10-12 04:33 PM
    To Everyone...

    DO NOT PANIC. These notices are usually sent when you have any H1 transfer pendings most of the time ( at least in case of H1). By law, the employer is supposed to notify USCIS whenever any employer has left the company.

    The re-opening of case is a letter from USCIS to the previous employers to confirm that the employee no longer works and is usually sent to the attorney.

    So chill and don't sweat.



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  • a1b2c3
    04-27 05:28 PM
    good to know taht img is decent...however iam not sure how many months tehy took to take care of that claim..we still have cl\aims from december...

    thanksjgh for ur post..

    have also used IMG/Sirius for my mom.100k with $100 deductiible.
    Is this company not recommended? How do they compare with others? Please clarify.





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  • bigboy007
    04-26 07:43 PM
    understood the anguish,... But will it do any good. No for sure. If not on H1, If not on L1 then outsourcing companies will find alternative like B1/B2 i have seen many examples... if on B1/B2 no benefits at all get the person get the work done forget the "Person"....

    This bill will INCREASE Outsourcing.. .My view. becoz employers after reading the text would say why should i worry about filing H1 after all so no new H1 Transfers to regular comps and no to existing consulting companies due to 50% limit. L1's are screwed.

    Ask yourself what does it do and whom does it help. Does it help existing economy , looks to many becoz they dont understand it increases offshoring...

    But there is already enough abuse in H1/L1 , How is IV recommending path forward for this bill ?



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  • sam2006
    07-19 07:52 PM
    Try to make the post Sticky

    i think admin can do it





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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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  • gcisadawg
    04-09 07:09 PM
    The Pediatrician told us that she should not take the vaccince based on the manufacturer's literature. They gave us a letter to that effect and the Civil Curgeon then applied for a blanket waiver.

    Sameet,

    Thanks for your response. My wife is in India currently. Wondering if we can get a letter from a pediatrician there.

    Thanks,
    GCisaDawg





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  • lazycis
    10-18 01:36 PM
    EB2 RIR/India
    PD: Nov 2001
    Labor Certification: March 2006
    I-140: Approval April 2006
    I-485 -May 2006
    Finger Printing: June 2006

    It took almost 4 1/2 years to get the labor certification and now its almost 17 months since my I-485 is pending approval. Took the path of writing to the FL, State Senator, Local Congressman and was fortunate to receive their response suggesting that its stuck in the namecheck stage and will have to wait for it to be completed. It has become a nightmare.... The only update in my case used to be whenever I initiate a service request. Now what is that which I can do to come out of this riddle....

    Any suggestion in this regard is highly appreciated !!!!

    Write to Mr. Bush (no kidding). They will send an inquiry to FBI and you will get something from FBI NNCP (name check division). If that does not help, file a lawsuit against USCIS/FBI. Or you can file a lawsuit first and then write a letter to save some time. The lawsuit will get things moving. The do-it-yourself guide is located here:
    http://en.wikibooks.org/wiki/FBI_name_check



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  • arkrish68
    03-10 11:49 PM
    As per the link there are around 620,249 I-485 applications to adjust status. Here is the link.

    http://www.uscis.gov/files/article/APPLICATIONS%20FOR%20IMMIGRATION%20BENEFITS_Januar y09.pdf

    Here is the actual verbage from the document.

    Major volumes of pending applications at the end of January 2009 include: 1,417,978 I-130 immediate/all other petitions; 620,249 I-485 applications to adjust status; 286,701 I-765 employment authorizations; 190,238 I-90 green card renewals/replacements; 163,015 I-821 temporary protected status; 147,951 I-751 remove conditions spouse jointly/waiver.

    Footnote: �Initial Receipts data only reflects the number of applications that USCIS was able to fee receipt and/or data enter into a case processing system. Applications currently held in USCIS mailroom facilities but not processed to the point of recognition as Initial Receipts are deemed frontlog cases. These frontlog cases are also not reflected in Pending figures.�





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  • mpadapa
    09-17 02:09 PM
    Looks like all they had for lunch was a six pack:D:D All they are discussing is about six pack..



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  • viva
    02-06 07:59 PM
    First off, i have mentioned above that this is NOT a solution to retrogression. Secondly, the USCIS does not care what we say to them, they are going to take exactly how much time they want to take to process our Green cards. All I was suggesting was, we ask for interim relief. Now like Logiclife mentioned we are trying for smaller bits of interim relief and that is a reasonable answer. However please do not make remarks like "this person is here to make money and is not after GC". Are we not all after making money? Is that not why we want GCs? We certainly dont want the GC to frame it and keep it next to our other trophies do we? Then why are people accusing me of wanting to "make money"? The problem with some people on this forum is the lack of respect for an alternate view. It is one thing to disagree and it is another to make ridiculous off topic remarks about what someone said.


    Getting a GC will ensure that you can sustain your money making efforts in the USA. By getting diverted to interim relief for spouse, people will be able to make money, but not for too long without a GC. That's why the focus should be on an action that permanently fixes the situation, rather than a band-aid approach.

    Your original comment was ," let temporary be temporary." Frankly, temporary solutions to the US immigration system have made it what it is now. What we need is a permanent fix. Please do not consider that your views are being disrespected. It is just a matter of figuring out the priorities : GC or temporary fixes.





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  • whiteStallion
    06-12 05:20 PM
    An accident is an accident. It was on a public road and you were within speed limit. If someone does not want to get hurt they should sit at home their whole life and pray that the roof does not drop on them.


    Tell it to a lawyer!
    On a different note, you can file claims till 24 months after the accident and if any of the victims are minor, they can file a claim(medical/emotional blah blah) till they turn 18(if I remember correctly).



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  • qplearn
    11-16 01:09 PM
    I would like IV and this members here to try and verify this report

    http://www.zazona.com/ShameH1B/Library/Archives/SaveSS.htm

    This appears to be complete propoganda by anit-immigrants, I would like to know if there are any legal way to challenge these guys not spread false information.

    can we sue this guys, I myself has paid Social security for 9 years since I came to US

    This report is full of rubbish. It tries to present facts carefully, and then purposely distorts them in the end. It says India is expemt from that treaty, which means Indians have to pay SS taxes. Then it goes on say the exact opposite. I am quite sure we don't have the money to sue them, but it will be nice to find the roots of the Hudson institute.

    But on a side note, here is what is not smart about talking to lawmakers' offices about SS taxes; I have tried and failed. They hear lots of complaints about SS tax from citizens because there is a general feeling (fear) that the SS system will go bankrupt. So even citizens may find that their SS taxes have come to nothing. Also, if you raise the issue of general taxes, they are surprised to hear that we would actually raise that as an issue. I have been told that every batch of legal immigrants has paid taxes before becoming citizens. (BTW, I don't think like an anti-immigrant :))





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  • GCard_Dream
    01-31 11:21 AM
    If you are not using a sub labor and filing 140 in a week or so, there is nothing for you to worry about.

    Thanks for the reply.

    I am not using substitution labor. I do not condone any one who does it for monetary reasons.

    So the rule hasn't taken affect yet huh! I will definitely send my application out in premium processing this week. Just worried that I have passed the 45-day time period :( . Does my I-140 have to be approved before this rule is implemented, or just that my application needs to be filed ?



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  • rajuram
    06-12 11:58 PM
    IT IS AS SIMPLE AS THIS ----

    IV has to convince the government that this mess was created because close to 100000 visas were WASTED/UnUsed while BEC was busy(or not busy) sorting through the cases. If it is the mistake of a govt department, then the govt should fix it by recapturing these visas. They will act only when you make them look bad or file a suit against them. Why hasn't IV been able to push a simple argument like this????





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  • dreamworld
    06-15 05:27 PM
    Please guys. Do not rush your marriage for Green Card. I know couple of my friends ended up in bad marriage experience just becoz they are getting faster green card. Choosing right partner is more important than GC.

    If you already decided on your partner and waiting to get married, then its right time. So my advise, please counsult with an attorney if you are unmarried and filing 485.





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  • concorde
    03-10 03:03 AM
    This is in reference to a thread about feeling depressed by retrogression or labor backlogs to stuck FBI namechecks or whatever it is that depresses you. Not criticizing anyone in particular so dont aim for me.

    Yes, and a lot of people know that there are highly skilled people who are depressed and that takes a toll on employee productivity.

    After all, if 90% of your time is spent on thinking about BECs and visa bulletins, imagine if that time was spent on doing the job they've hired you for.

    Some employers(like Microsoft) realize this and want to do something about it. Its not just about keeping the best and brightest here in USA. Its also about keeping the morale and productivity up.

    As to how to deal with this...try this.

    Call your local congressman's office(Find out info about that from House.gov, with your zipcode). Get an appointment with congressman. There is an Easter recess coming up when they would be back from DC.

    Then talk to him about all issues you have. Take all the material you need from the "Volunteer" menu item of this website.

    Doing something about the problem is the best therapy there is. I am not saying this because I want to coax you into meeting your congressman. No. That's not the objective. But I think action is the best remedy for this problem. And there is actionable stuff to do about this. If you are suffering from terminal cancer, then you really cant do anything about that. This is not such a problem. This is a problem for which the solution is out there.

    Somehow, after landing in this country, people lose the appetite for risk and adventure. Before they are in here, they would move mountains to score an H1 or an F1. After coming here, they hunker down, heads-under-the-desk kind of approach. What I am talking about is nearly 200 people right now, who have read this post, but havent logged in. They wouldnt log in. They wouldnt give their real email address if they sign up. They would never contribute. WHY? Because they are afraid. That they will be deported. For no reason. Everything we do is legal, including raising funds and spending it on lobbying. But they are afraid. They are also afraid that by talking to congressmen, they will make them mad and the congressman will pick up the phone, call USCIS and then get their 140 cancelled. Yes. People create their own fastasies and become afraid of them..

    Yesterday, nearly 2000 Irish illegals went to capitol hill (http://www.ireland.com/newspaper/frontpage/2007/0308/1173121325488.html)and talked to various lawmakers to lobby for CIR and legalization. They were illegals. Yet, the somehow managed to walk into the building where laws of this country are made, talk to people who make the laws that they have broken, go thru Capitol Hill security check, and look into the eye of the lawmaker and talk to them.

    However, our community, this is how they behave. Forget about talking to congressman, or contributing money. When they call the core group with a question, they block the caller id can call. Dont disclose their name too. Ask a questions and then quickely hang up. Some of them want to contribute with cash because they are not willing to believe us that we are doing everything legal here and its their right to lobbying and petition the Government for problems.

    After paying taxes, after following all immigration laws, after getting all the education in the world to become "Highly skilled", the highly skilled cant bring themselves to stand-up with a straight spine, thump their desk and talk to their lawmaker.

    So at the end of the day, if we are depressed that legals dont get attention, then you know where to look for blame : the highly skilled who are highly educated and too afraid because their education and skills make them think too much and analyze too much, and they are afraid all the time.

    logic, Very interesting to read this..good post.... but this got me thinking in retrospect; how many of us have voted back home? How many of us know how laws are made back home or made an effort to become involved in the law making process back home? Other than for a favour I wonder how many have picked up the phone and dialed the MLA or MP ("our" lawmakers in the true sense) on a law making issue. How many of us have filed taxes or even know what filing taxes means back home? :) Guys, don't aim for me, I am just reflecting on the views put forth in in logic's post. My point is, being judgmental is not going to get anybody anywhere. I am not really sure who is afraid..who isn't etc. Perhaps none of us has the courage to hang our boots here, go back and become the next LN Mittal or Bill Gates?..open the next Microsoft, Oracle etc :)?. I admit that I definitely don't have the courage otherwise I definitely wouldn't be here in the first place. The "their lawmaker" quoted somewhere in the above post doesn't hold good in the true sense. The most promising solution is to approach the CEOs of big businesses so they can contact "their lawmakers". I know that employees in Microsoft have approached and talked to Bill Gates on this issue. I will try to do the same at my employer. Let us all do that with our respective employers. I know that we will be afraid to do this and it is natural...after all things could backfire and we might get fired for talking to the CEO :-).





    anandrajesh
    02-01 12:26 PM
    Please donot let this thread a self-flogging ritual...
    We the H1Bs are the victims of the this system. We did not create this system. It is true that there are social costs associated with this system. Abolishing the system is not the solution. Reform and making the system just is the solution..That is all we are asking for....
    Blaming the victim of an atrocity for the atrocity is sheer stupidity....

    Remember for Every Google, there is a ENRON. So based on ENRON experience you dont generalize all American Corps are dishonest.

    Same logic applies here i work for a Small "Desi" Company and they are very honest and pay me reasonably well. They dont break laws or find ways to circumvent it. So i dont like to hear all H1Bs Companies are Cheats.





    greencardvow
    10-12 02:27 PM
    I took infopass for the Case Status:
    Case reopened or reconsidered based on USCIS determination, and the case is now pending
    Looks like my previous employer had revoked the H1B. So this was for my previous H1.