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Sunday, June 19, 2011

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  • puddonhead
    07-31 12:39 PM
    For all the non-financial enginners who are trying to make sense of financial jargons (like myself - no financial enginnering degree for me but I have worked as a quant for some time in between):

    Any time you are trading something - you are betting on the direction of "something". Smisachu - with his statistical arbitrage background - would probably like to vehemently disagree at this point. But please hear me out first.

    If you are buying a stock - you are betting that the price of the stock will increase. If you are not sure whether prices will increase or decrease - but still sense some bubble forming, then you know that at the top of the bubble and duing the bust phase - the volatility goes through the roof. Maybe it is time for some option trading to trade on the volatility. So you are now trading on the volatility instead of the price.

    If you become even more of a pro option trader - and you think that the market always undervalues out of money options (because human brain is not capable of anticipating the "black swan" events) - then you will buy out of the money options for pennies and will hope that you "poo like a chicken and eat like an elephant". The directional bet you are taking in this case is again on the vol increasing over a longer period of time.

    If you are into statistical arbitrage - you have your own gold standard, usually some mathematical model, of how a specific market should be priced. If the market price differs from this - then you enter into a trade to make money when eventually this anomaly reverses.

    Volatility is the second order "statistical moment" of the price. These, and other derived quantities (are usually termed as greeks in the trading perlance) - but if you are good in statistics - then you could think of all of them as statistical moments and formulate your whole mathematical model on that. There are ways you can formulate strateties to trade even higher order derivatives.

    The basic fact that you are betting on the direction of "something" is often lost on even some professional traders - leading to some wonderful illusions of risk free return (like perpetual motion machine).

    To be fair - there are some trading strategies which appear very simple and intuitively appealing - yet produce extremely complex mathematical results when you try to find out exactly which "something" you are taking a directional bet on.

    So if you want to trade - I think a good idea is to first find out what is this "something" that you will like to bet on. Alternatively, if you have any strategy - please first understand what kind of direction bet you are taking - and the risks associated with it.

    Any thoughts?

    P.S.: "Directional bet" is a dirty work in trading perlance. I used it intentionally for effect.





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  • akhilmahajan
    04-28 04:26 PM
    Its a law and if one follows it, there is nothing wrong in it.

    As Chandu has mentioned, lets not interpret it the way we want. Its a law, and it gives us the option to have some kind of liberty. If you have not done anything wrong, and have followed the law, eventually everything will fall in place. Although during this journey we will have to face some tough challenges but in the end we will win it.

    So, lets all get together in getting ourselves heard.





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  • 2ndJuly
    09-17 02:21 PM
    you mean LEGAL aliens...:)

    well there is nothing like Illegal Aliens. Aliens need to have I-94 or paroled to land in US





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  • permfiling
    12-13 11:43 AM
    As there are now many people who are actively posting in the group. Identify and rotate the maintenance of the membership among these members on a weekly basis.





    The ideas are good and in the past we have contemplated having a paid member area on IV site too. However the biggest problem we have is - who will manage it?
    We all have full time jobs and already have our hands full. Adding anything extra to the current workload will be too much work for us.

    Either we hire someone to do it. And to hire we need money. We find it hard to even raise money for Lobbying every other month. There are other important areas like publicity we can look at too if we get more funds. So we cannot hire anyone to manage this.

    Now can someone volunteer for it? Yes but how many people come forward with a commitment in a 25k membership? You can see from the thread
    http://immigrationvoice.org/forum/showthread.php?t=15289
    So if people are not willing to make a commitment and have their spouses to help us from home for this cause, we cannot take our ideas any further. We can only do what our limited time, funds and manpower allows.

    This is a reality and is the reason why we all do not have greencards till now. Solving this greencard issue is not difficult. Its only a matter of gathering enough people and people wanting to make an effort. IV has been around for 2 years now and only 25K people have signed up. We should have had about half million signups by now and millions of dollars to spend on large scale lobbying, media publicity and several initiatives to draw the attention of lawmakers on this issue. That has not yet happened and will not happen until we all indicate how badly we want greencards.



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  • caliguy
    10-30 12:31 PM
    @ leoindiano

    As ndialani mentioned, just google "cis ombudsman form dhs-7001". Print out the .pdf file, fill it in & enclose all other supporting documents. In the form, it says - you can use extra sheet to put the details of your case. I put this letter that had all my case details (this is the letter I used for everyone after that).

    For Napolitano, did you not get the sample letter from me? I have sent it to around 50 odd people and counting .... It has everything, address and whatever else is required. You can just make changes to put your details in.

    Good luck!

    Caliguy,

    I will reach out to ombudsman and Napolitano this weekend. Another thing i am going to try is applying AP renewal this weekend, set to expire in november anyway. I would rather loose $305 than keep waiting for some miracle. Thanks for your help. I should be able to find the procedure to file 7001 and the Napolitano address in this thread, correct?





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  • smartboy75
    06-03 12:17 PM
    Sree

    When one switch employers using H1 transfer, the previous employer has to notify USCIS that you are no longer employed with them. The soft LUD's that you are seeing is a result of USCIS going back to the old employers and confirming that you are indeed not working with them...

    Its just a procedural thing and nothing to worry about....



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  • ash0210
    02-01 02:06 PM
    My company posted on Dice&Monstor, 10-15 versions of my resume with diffrent combinations of my first name/fathers name and Last name.....

    They call it..."Marketing" your profile!!! The American recruiters who knows me, use to call me & tell me that they have "hit" of my resume with names like...A.ASH or S.ASH or H.ASH...and so on..while the content of my Resume remains same!!!


    When I am trying to reqruit someone from dice, I see resumes that are heavily bloated to an extent. I see similar resumes with names changed and some words changed both from same city, so maybe they are from same consulting company, i have to dig through in detail to figure out a good resume and finally the chances are that I may have gone through a bloated resume are high.

    One suggestion that is in above post is good, INS can releease skills associated with filing h1b petition and match with skills on resume.





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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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  • pv_gc
    04-07 03:27 PM
    I just paid $100 through paypal





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  • cdeneo
    04-22 05:25 PM
    Another question for the group related to porting from EB3 to EB2 -

    I-485 for the EB-3 application was filed for both the primary applicant and the dependent spouse. Now the primary applicant and spouse are separated.

    Once the new EB2 Perm application is filed and is followed by the premium I-140 petition that should get approved - and since no I-485 application is required this time around - would both the primary applicant and spouse get the GC based on the original I-485 pending application?

    Since the primary applicant and spouse are now separated - how does one get the spouse's I-485 application cancelled since the spouse has moved out of the country.

    Any insight would be very appreciated. Thanks!

    If I-485 is already pending with old EB-3 india I-140, then no need to apply new I485.

    IF I485 was not field for some reason due to delays in backlog processing or PERM audits, then one needs to apply for new I485 alongwith new approved I-140.



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  • araj_98
    04-07 01:02 PM
    I will keep contributing as we move along.





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  • gk_2000
    04-18 10:03 PM
    Here are my case details as well.

    Came to US in Aug 1999 on F-1 after B.Tech. Graduated with MS (Telecom) in Dec 2000. Joined a major telecom firm immediately after graduation. My first EB-3 labor was filed in Dec 2001 (Non-RIR) but employer withdrew it because of lay-offs. Employer filed again in Nov'03 (Non-RIR again) and it was approved in March 2007 (after RIR conversion in Jan 2007) by Dallas BEC, followed by I-140 approval (March 2007) and I-485 filing in July 2007. Though my job required a MS degree, my employer could not file in EB-2 as there were people in my team with just Bachelors degree when they joined the company 10-15 yrs ago and lawyer did not advise employer to file in EB-2 as EB-3 was current those days......After surviving 12 rounds of lay-offs, no job security whatsoever throughout and fed up with EB3 process, I changed jobs after 8.5 yrs (July 2009) and my new job required a minimum of MS + 6 yrs of experience and fortunately my new employer (another large company) had no issues re-starting the process again. I work in Mobile Communications R&D (developing networks which support smart phones (2G/3G and now 4G-LTE technology) have been in this field since Jan 2001) and here are my EB-2 case details:

    Joined new employer in July 2009
    PERM Prep work took 6 months
    EB2 PERM filed: March 30th, 2010 (MS + 6 yrs or BS + 8 yrs as min requirements)
    EB2 PERM approved: Aug 11th, 2010
    EB2 I-140 filed: Aug 27th, 2010 (Premium Processing, EB3 I-140 approval copy enclosed with request to Port EB3 PD)
    EB2 I-140 and I-485 approved concurrently on Sep 3rd, 2010
    Cards received Sep 7th, 2010

    Hope this helps.

    Truly borderline EB1. Congrats!



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  • PavanV
    08-18 02:16 PM
    With the attitude towards immigration in this country, i really doubt this bill will pass :(, i really hope it does though, i think the USICS is a strong believer of "sabar ka phal meeta hota hai", translated, the fruit of a long wait is sweet, i just hope the wait is not too long and the fruit rotten

    Also, i am ready to help/organize/contribute for the community to make these bills pass....





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  • singhsa3
    12-13 01:51 PM
    Bravo!, Well Said!
    Do you know the history of NPR? Do you know how it is funded or how it operates?

    Here's some information:
    NPR supports its operations through a combination of membership dues and programming fees from over 860 independent radio stations (http://www.npr.org/stations/), sponsorship (http://www.npr.org/about/place/corpsupport/) from private foundations and corporations, and revenue from the sales (http://www.npr.org/transcripts/) of transcripts, books, CDs, and merchandise. A very small percentage -- between one percent to two percent of NPR's annual budget -- comes from competitive grants sought by NPR from federally funded organizations, such as the Corporation for Public Broadcasting (http://www.cpb.org/), National Science Foundation (http://www.nsf.gov/) and the National Endowment for the Arts (http://www.nea.gov/).

    http://www.npr.org/about/privatesupport.html

    On average, public radio stations (including NPR Member stations) receive the largest percentage of their revenue (34%) from listener support, 24% from corporate underwriting and foundations, and 13% from CPB allocations.*

    Also note:
    NPR sponsors receive on-air acknowledgement for their financial support via ten second announcements that are broadcast during NPR programs. Online sponsorship is also available.

    http://www.npr.org/about/place/corpsupport/

    (In other words, the on-air acknowledgements boil down to advertising.. ).

    Now let's take a step back and determine how most "professional organizations" like IEEE, AILA, and myriad other "associations" function...

    Does it make more sense now?

    Physicians have physicians' associations/bodies/organizations.
    Engineers have their own. So do pilots, nurses, actors, screen writers, photographers, sales professionals, etc.

    If we pride ourselves as an organization of high-skilled professionals, why not look at it as such and operate as such??? (Those who do not currently contribute may also be motivated to participate, even if just for the tangible benefits... )

    jazz



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  • imh1b
    01-11 12:19 PM
    Pappu,
    Why dont you organize a rally, we will contribute and be their for the rally. We need to do something ASAP. I humbly request you and other core members to organize a rally and pick one day for sending flowers to either white house or USCIS. Also we can balck out our personal information and send our transcripts as well.

    Please organize a date, how about February14th, we will get more attention. Love for permanent residency, media will like the idea and broadcast it.

    What about hunger strike?
    It is much bigger than rally. You will get more attention and you do not need thousand people to do it. If we can have even a handful of people or even one person to do it, it will be great. The expenses and preparation to do hunger strike will be very less.





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  • gc_kaavaali
    12-12 09:10 PM
    I don't think people will get attracted by summarizing what we are doing...people should realize what we are doing...there is a difference...


    The web site should be sufficient in providing information of a general nature.

    More specific information and details should be available to members.

    That's how many organizations operate, including AILA.

    It's not just about the forums, this could come with a lot more benefits.



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  • vikasgarg24
    07-18 10:24 AM
    Reached on 2nd July : lawyer personally delivered in Lincolin. (dont know time)
    Status dont know
    ck not encashed yet.





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  • gcformeornot
    07-02 08:45 AM
    reasons...

    I have seen many of my friends doing H1 for their spouses..... while their spouces have no experience what so ever..... employers help them cook their resumes..... in these cases employee has something to hide.... so they pay
    H1 fees, stay on bench for few months......and never complain...

    Now a days many companies send people on L1 visa. On L1 you have no choice. If you can't get H1 in April you are slave to the employer.... also with L1 there is no stipulated salary like H1.... so employers pay whatever they feel like and not market rate.....but since many employees have desire to stick around in US and save some Green... pay of their debts in home country.... they stay with same employer without complaining......





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  • mirage
    08-12 07:00 PM
    No, Haven't got any response yet. But if we are able to send atleast a 100 letter with same concern, I'm sure atleast Rep. Zoe Logfren will raise the issue with USCIS...
    mirage,

    Good initiative, I will send a mail too. Did you get any kind of response back?

    Good luck!





    Bradman
    11-05 08:50 AM
    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

    It worked man !!!

    Gotta the Card production mail this morning after writing to the presidents office

    Thanks a ton for your valuable advise !!!





    chanduv23
    02-02 09:50 AM
    What are YOU smoking????

    Did I say I am special? Don't put words in my mouth. So if you think that abiding by the law makes one special, then I am guilty as charged :-)

    Your "fingerpointing" and "why are you special" comment really cracks me up :D

    The fact that you are honest makes u special :D :D

    I am unfortunate that I may not be like u :(



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