pshaikh
12-15 08:19 PM
I am planning to get my visa stamped at the chennai consultate in January 2008. I will be visiting for 3 weeks and was wondering whether such a situation will persists during the month of January...
Thanks,
Yes - although we never know for sure, chances are high that the situation will stay this way until mid-2008 when they expect to build a central, electronic verification system.
I have created a separate thread below - where people can list the actual delays experienced (time between interview date, and passport return date) - so we can have a better idea of what's happening on the ground. If any of you have info to share, please do so below:
http://immigrationvoice.org/forum/showthread.php?t=16145
Thanks,
Yes - although we never know for sure, chances are high that the situation will stay this way until mid-2008 when they expect to build a central, electronic verification system.
I have created a separate thread below - where people can list the actual delays experienced (time between interview date, and passport return date) - so we can have a better idea of what's happening on the ground. If any of you have info to share, please do so below:
http://immigrationvoice.org/forum/showthread.php?t=16145
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PlainSpeak
04-19 07:28 PM
It is not about 4 years degree But 16 years education to attain the degree.
Does anyone know recent EB2 approvals with B.Sc., B.Com degree from India (Even with M.Sc. , MBA, MCA etc). I thought they stopped approving such cases long back.
Well of that is the case then his case will not be approved. What diiference does it make to uyou
Does anyone know recent EB2 approvals with B.Sc., B.Com degree from India (Even with M.Sc. , MBA, MCA etc). I thought they stopped approving such cases long back.
Well of that is the case then his case will not be approved. What diiference does it make to uyou
Saburi
09-17 12:26 PM
When is our Bill coming for vote
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srikondoji
02-13 05:07 PM
Complaints and complimenets are both important.
I guess, what logiclife is doing is right. It is correct to defend the organization and also respond to personal attacks in a befitting manner.
When i joined this organization, the only thing on my mind was to be part of the force. I was not expecting anything dramatic out of this. I cannot alone do this job, so i thought why not be part of the team which has committed to fight for a just cause.
Instead of infighting, let us unite and offer suggestions for better results.
Best regards
I guess, what logiclife is doing is right. It is correct to defend the organization and also respond to personal attacks in a befitting manner.
When i joined this organization, the only thing on my mind was to be part of the force. I was not expecting anything dramatic out of this. I cannot alone do this job, so i thought why not be part of the team which has committed to fight for a just cause.
Instead of infighting, let us unite and offer suggestions for better results.
Best regards
more...
floridasun
01-27 10:30 AM
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:)
Thanks smisachu. that was informative. FYI right now I am double shorting crude oil - with everyone calling higher crude oil prices in future, I may be in for a loss here... but willing to hold till I get break even :-)
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:)
Thanks smisachu. that was informative. FYI right now I am double shorting crude oil - with everyone calling higher crude oil prices in future, I may be in for a loss here... but willing to hold till I get break even :-)
franklin
07-12 01:37 AM
There will be an update conference call this Thursday at 7.30 pm.
pm me for details if you don't know them already!
pm me for details if you don't know them already!
more...
smisachu
07-30 11:47 AM
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.)
alphais the excess return
betaR is market return or what the price of the commodity does in the duration chosen. (Market betais 1)
epsalonis 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!!
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.)
alphais the excess return
betaR is market return or what the price of the commodity does in the duration chosen. (Market betais 1)
epsalonis 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!!
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sanjay
08-11 02:29 PM
Sorry for ignorance, but what would you fetch from these voting results? There were already more than 100's threads before and as of now, if I am correct never seen any estimate data from any of us.
Its just sheer waste of time in calculating estimates. USCIS has its own rules and no one can predict them.
Just a thought. Please post the estimate data if you ever get, something?
Best of luck.
Its just sheer waste of time in calculating estimates. USCIS has its own rules and no one can predict them.
Just a thought. Please post the estimate data if you ever get, something?
Best of luck.
more...
obviously
07-16 06:20 PM
the revised version is more pointed.
Here are a few other points to consider and highlight:
- That the woes of legal high skilled immigrants are completely forgotten
- Despite the fact that they pay taxes, social security etc
- They represent a continued American heritage of immigrants chasing the Great American Dream
While H1B workers might appear to 'displace US workers', the crux of the issue is that in order for US companies to remain innovative and competitive they cannot afford to take a hoary protectionist policy in talent management.
High skilled talent finds level ground, wherever it might be.
While the old world order was about national boundaries and international competition amongst countries, the new world order is about a flat world where transnational collaboration and commerce can enable wealth and job creation in any part of the world!
The presence of high skilled foreign workers INSIDE the US
- ensures that jobs remain in the US
- ensures that resultant taxes remain in the US
- ensures that resultant investments target the US economy
- apart from ensuring US competitive and commercial advantage
The oft repeated arguments about 'local talent being available but not tapped' is borne out of a sense of elitist entitlement; something that runs counter to the great American Dream and the quest for constant innovation, creation, improvement and execution.
The need of the hour should be on how to enable successful assimilation of high skilled labor and talent into the US economy such that the economic engines of efficient productivity are not hampered by artificial tarrifs and barriers borne out of a broken immigration system.
The quest for a color-blind, talent-oriented, country-agnostic immigration system has a long and sometimes troubling, history.
While the old world afforded the luxury of years to rectify imblances and imperfections in policy constructs, the new world leaves little room for inefficient alignment of policies.
The need to fix a broken legal immigration system is as much an economic reality as it is to address detrimental effects in womens' rights (spouses' rights), labor rights and free markets.
Here are a few other points to consider and highlight:
- That the woes of legal high skilled immigrants are completely forgotten
- Despite the fact that they pay taxes, social security etc
- They represent a continued American heritage of immigrants chasing the Great American Dream
While H1B workers might appear to 'displace US workers', the crux of the issue is that in order for US companies to remain innovative and competitive they cannot afford to take a hoary protectionist policy in talent management.
High skilled talent finds level ground, wherever it might be.
While the old world order was about national boundaries and international competition amongst countries, the new world order is about a flat world where transnational collaboration and commerce can enable wealth and job creation in any part of the world!
The presence of high skilled foreign workers INSIDE the US
- ensures that jobs remain in the US
- ensures that resultant taxes remain in the US
- ensures that resultant investments target the US economy
- apart from ensuring US competitive and commercial advantage
The oft repeated arguments about 'local talent being available but not tapped' is borne out of a sense of elitist entitlement; something that runs counter to the great American Dream and the quest for constant innovation, creation, improvement and execution.
The need of the hour should be on how to enable successful assimilation of high skilled labor and talent into the US economy such that the economic engines of efficient productivity are not hampered by artificial tarrifs and barriers borne out of a broken immigration system.
The quest for a color-blind, talent-oriented, country-agnostic immigration system has a long and sometimes troubling, history.
While the old world afforded the luxury of years to rectify imblances and imperfections in policy constructs, the new world leaves little room for inefficient alignment of policies.
The need to fix a broken legal immigration system is as much an economic reality as it is to address detrimental effects in womens' rights (spouses' rights), labor rights and free markets.
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nixstor
05-23 02:15 PM
as everyone will be only talking to the secretaries.. and message will not goto to law makers..
This is NOT correct. Most of the messages that these people receive will trickle down to the Legislative directors, Chief of Staff and the law maker him/her self. It's easy to imagine that our message does not get any where depending on different experiences we had in the past, but most of the times when there is a real good push from grass roots org, together with the lobbying activity, the message goes all the way. Whether we get support or not is a different story.
Oh B T W, 5882 and 5921 not only help EB but also FB. 5882 recaptures wasted FB numbers and 5921 increases the FB country limit to 10%.
This is NOT correct. Most of the messages that these people receive will trickle down to the Legislative directors, Chief of Staff and the law maker him/her self. It's easy to imagine that our message does not get any where depending on different experiences we had in the past, but most of the times when there is a real good push from grass roots org, together with the lobbying activity, the message goes all the way. Whether we get support or not is a different story.
Oh B T W, 5882 and 5921 not only help EB but also FB. 5882 recaptures wasted FB numbers and 5921 increases the FB country limit to 10%.
more...
willwin
09-17 02:08 PM
I strongly believe that they will mark up the bill HR 5882 today; it may go late in to the evening and may happen with minimal resistance.
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whoever
02-06 02:05 PM
which country you belong to?
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imm_pro
06-09 05:39 PM
06/09/2008: House Passed This Afternoon H.R. 5569 EB-5 Immigrant Investor Regional Center Five-Year Extension
This afternoon, the House passed this bill by voice vote, which was sponsored by Rep. Zoe Lofgren. Congratulations to the immigrant investors in Regional Centers.
Guys,we are really lucky to be represented by a really strong congresswoman who can get things done and we have to do everything we can from our side..so please keep calling..
This afternoon, the House passed this bill by voice vote, which was sponsored by Rep. Zoe Lofgren. Congratulations to the immigrant investors in Regional Centers.
Guys,we are really lucky to be represented by a really strong congresswoman who can get things done and we have to do everything we can from our side..so please keep calling..
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modvik
04-14 02:39 AM
If we are riding our hopes on this. Making a contribution is the least we can do. Sent my $200.
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sab
03-11 11:42 AM
oh ya, I remember you from the days of mumbai attack when you were supporting the terrorist and acting like their spokesperson, right?
.
I never supported any terrorist. You Sir are an ignorant idiot.
.
I never supported any terrorist. You Sir are an ignorant idiot.
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sc3
08-20 02:29 PM
AP i94 valid upto Mar 2009(After returning on AP)
H1 i94 valid upto June 2011
Can I still work on existing H1?
Which i94 valid(AP or H1)?
How is that possible? Did you apply for H1 before you left this country and got the approval after you came? If so you have a problem because leaving the country when H1 is pending invalidates the application.
If you had H1-i94 before you left the country. Why did you not turn it in when you at POE(xit)? You are required to do so. If you have not, you are supposed to send your old i94's to some place (I dont know where, check the web).
H1 i94 valid upto June 2011
Can I still work on existing H1?
Which i94 valid(AP or H1)?
How is that possible? Did you apply for H1 before you left this country and got the approval after you came? If so you have a problem because leaving the country when H1 is pending invalidates the application.
If you had H1-i94 before you left the country. Why did you not turn it in when you at POE(xit)? You are required to do so. If you have not, you are supposed to send your old i94's to some place (I dont know where, check the web).
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crazyghoda
05-05 04:27 PM
Congrats! I know how relieved you must be feeling.
If you dont mind my asking, did you work at all during these 6 weeks?
Folks I have an update on my case.
We filed for Motion to reopen on which were receipted on March 27th, 2009. I wrote to Congressman, Senators and also Ombudsman. Today my congressman's office got an update that our MTRs were approved on April 30th and our 485s got reopened and they have sent letters to that effect.
What a relief. It was a stressful 6 week ordeal. Thanks to IV and its members for the help and support.
If you dont mind my asking, did you work at all during these 6 weeks?
Folks I have an update on my case.
We filed for Motion to reopen on which were receipted on March 27th, 2009. I wrote to Congressman, Senators and also Ombudsman. Today my congressman's office got an update that our MTRs were approved on April 30th and our 485s got reopened and they have sent letters to that effect.
What a relief. It was a stressful 6 week ordeal. Thanks to IV and its members for the help and support.
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krupa
07-15 04:05 PM
http://www.mercurynews.com/ci_6380617
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imh1b
01-21 01:37 PM
Anti immigration group targets all of the immigration. You can see numbersusa website. There are 2 reasons for the hate towards H1b and L1 program. Fraud and abuse is more in H1b. 20% was found by USCIS. Many fear it could be more. Mainly Indian bodyshopping and consulting companies are main reason. Another reason is many fear that H1b and L1 program is main reason outsourcing. Many big companies laid off US workers and did outsourcing to cut cost and they were asked to give Knowledge transfer to the onsite resources (those who are H1b or L1). Number of jobs in High skilled are very less (may be 2%) compared to low skilled in US. So they think 65k is more in percentage terms. US congress expects that H1b should be used only when no US Workers available. That is the reason there is no support at all at congress to increase H1b Cap. When they put a H1b restriction for TARP companies it was passed uniamously. So if we need EB reform just we need to disassociate or take neutral stand on H1b. They cannot remove H1b as it was with WTO.
AND WHO ARE YOU MR ANTI-IMMIGRANT?
Stop coming and posting in disguise. Don't you have anything better to do in life. Go learn some skills and find a real job. If you think your posts will do anything to us, you are mistaken. We will hate you guys more for your xenophobia
AND WHO ARE YOU MR ANTI-IMMIGRANT?
Stop coming and posting in disguise. Don't you have anything better to do in life. Go learn some skills and find a real job. If you think your posts will do anything to us, you are mistaken. We will hate you guys more for your xenophobia
go_guy123
01-29 05:14 PM
I am no expert on this but if labor substitution is eliminated it will remove anywhere from 30 to 50% of labor cleared from BEC. I know a lot of people who have applied for labor 2 to 3 times, they applied for a new labor every time they went to a new employer. It is these extra labor certifications that are being sold
Its a good thing....these old labors are now selling 10K upwards
Its a good thing....these old labors are now selling 10K upwards
jackrabbit
07-17 03:00 PM
I plan to send this petition to all senior executives of Time Warner Inc by Priority Mail and Fax. CNN is a fully owned subsidiary of Time Warner Inc.
http://www.petitionspot.com/petitions/loudobbs
signed.
I agree with some of the posters above that suing will bring attention of the individual as well as general publicity as people will analyze our arguments carefully.
This is one area the IV Core should look at, IMHO
http://www.suing101.com/
http://www.petitionspot.com/petitions/loudobbs
signed.
I agree with some of the posters above that suing will bring attention of the individual as well as general publicity as people will analyze our arguments carefully.
This is one area the IV Core should look at, IMHO
http://www.suing101.com/
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