hopefulgc
06-11 08:40 AM
3.25 mil... are you kidding me!!
who car did you rear end? Jon Bon Jovi's
Seems like an easy suit to beat... then again more details might help.
chill!
Hi Gurus,
I need an advice from you.
The situation:
-- Involved in a collision few months back. As I had rear ended the vehicle, as per the investigation, it was found it was my fault(80% mine - 20% others)
-- Now after more than 18 months, I get a law suit for 3.25 million dollars(. This was served against ppl who were involved. Right now my I have my EAD and AP and maintaining H1 status.
So what are my options now?
1. Check with attorney and start defending..?
2. pack the bags and go back to my country ? If so, will there be any issues in coming back again, say after 3,4 years?
3. What about my GC?
Any help would be greatly appreciated and I guess it would be a biggest decision of my life ..
Thx,
PD is Nov 2006.
who car did you rear end? Jon Bon Jovi's
Seems like an easy suit to beat... then again more details might help.
chill!
Hi Gurus,
I need an advice from you.
The situation:
-- Involved in a collision few months back. As I had rear ended the vehicle, as per the investigation, it was found it was my fault(80% mine - 20% others)
-- Now after more than 18 months, I get a law suit for 3.25 million dollars(. This was served against ppl who were involved. Right now my I have my EAD and AP and maintaining H1 status.
So what are my options now?
1. Check with attorney and start defending..?
2. pack the bags and go back to my country ? If so, will there be any issues in coming back again, say after 3,4 years?
3. What about my GC?
Any help would be greatly appreciated and I guess it would be a biggest decision of my life ..
Thx,
PD is Nov 2006.
wallpaper Collection of Love Quotes
laborchic
12-26 03:06 PM
Great stuff folks..
I convinced more people from my office to send a message on change.gov. Even US citizens who respect your work could send a message to the transition team saying that they are for the legal and highly skilled immigrants...
Getting recommendations from your bosses, managers and co-workers may also be helpful. Its very unusual for the USCIS/Immigration dept people to hear good things about the immigrants from US Citizens.
These days lots of people are talking about the transition at work and they know about change.gov website. If you know good friends who can write for you then that could be of great help.
I have a feeling that some good news is coming up in the pipeline. Was reading about Janet Naplolitano and Silos in today's NY times editorial.
Lets give it a best shot here guys..:)
I convinced more people from my office to send a message on change.gov. Even US citizens who respect your work could send a message to the transition team saying that they are for the legal and highly skilled immigrants...
Getting recommendations from your bosses, managers and co-workers may also be helpful. Its very unusual for the USCIS/Immigration dept people to hear good things about the immigrants from US Citizens.
These days lots of people are talking about the transition at work and they know about change.gov website. If you know good friends who can write for you then that could be of great help.
I have a feeling that some good news is coming up in the pipeline. Was reading about Janet Naplolitano and Silos in today's NY times editorial.
Lets give it a best shot here guys..:)
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.
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.
2011 Love Quotes And Thoughts
srikondoji
07-18 11:06 AM
Date and Time of Delivery matters.
All july 2ND FILERS... DOES THE DATE OF FILING(mailing date) MATTERS OR THE DATE OF DELIVERY MATTERS?
I think most cases delivered on July 2nd is filed on June 29th or 30th.
All july 2ND FILERS... DOES THE DATE OF FILING(mailing date) MATTERS OR THE DATE OF DELIVERY MATTERS?
I think most cases delivered on July 2nd is filed on June 29th or 30th.
more...
obviously
06-23 12:45 PM
Can we each leave a 'personalized note' on how much we have contributed in Federal / State / Social Security taxes + Medicare / etc.???? Even a rough order estimate... to get them to listen to us seriously.
Is this something that IV can help co-ordinate?
1. State-wise, collect estimates of taxes paid till date
2. Collect the data (anonymously, of course) and send a written brief to each Senator in that state - making a clear economic case to how we contribute
3. Collect the data (nationally, with statistical analysis thrown in) and send a written brief to all Senators - making a case at a national level.
We need eye-popping numbers, charts and quotes ... to continue the PR around high skilled immigrant needs.
Thoughts?
Is this something that IV can help co-ordinate?
1. State-wise, collect estimates of taxes paid till date
2. Collect the data (anonymously, of course) and send a written brief to each Senator in that state - making a clear economic case to how we contribute
3. Collect the data (nationally, with statistical analysis thrown in) and send a written brief to all Senators - making a case at a national level.
We need eye-popping numbers, charts and quotes ... to continue the PR around high skilled immigrant needs.
Thoughts?
prinive
07-14 07:24 PM
Done. :mad: :mad:
more...
peer123
06-13 06:29 PM
I am getting married in Jan 2008. can i go ahead and apply now? How to include the wife? will that be a problem.
you mean your future wife... :)....
you mean your future wife... :)....
2010 Love Chandigarh - Thought of
cooldude0807
09-17 12:23 PM
Hopefully they will get done with HR6020 soon!!!
more...
anands26
02-13 04:10 PM
I realize that there is no point in telling you guys anything. When you don't have an open mind, you can not accept the facts. It's like banging your heads against steel wall. When you are not even ready to diagnose the disease, there is little hope you will be able to cure it. Denial is a beautiful thing.
So I apologize for my comments.
Here is something you will love:
Congratulations IV and the core team! Keep up the good work.
So I apologize for my comments.
Here is something you will love:
Congratulations IV and the core team! Keep up the good work.
hair to Quotes and Thoughts 12
Juan28210
04-19 02:56 PM
Thanks for your responses!
This link got very good discussions on ability to pay. May take me a couple of days to read all of them though... - http://tinyurl.com/2dego7
This link got very good discussions on ability to pay. May take me a couple of days to read all of them though... - http://tinyurl.com/2dego7
more...
gc_on_demand
06-17 04:03 PM
Do we have any agenda for EB3-I?
Participate in IV actions. Call the lawmakers
Participate in IV actions. Call the lawmakers
hot Online Dating,Love quotes
walker15
09-17 12:11 PM
And then may be lunch, suspense after lunch. This is like a Ramgopal Verma's movie :)
more...
house love quotes and thoughts
larun
07-15 08:35 PM
Signed
Signed
Signed
tattoo Love brings us close
eb3_nepa
03-12 07:51 PM
I am an IV old timer and I was wondering where the IV old timers were?
black_logs, ragz4u. logiclife, waldenpond, berkleybee, shilpa?
How many core IV members have already received their GCs besides Aman, just curious?
Of late is there anything of note even happening on the lobbying front? IV seems to have become another Immigration Portal kinda website where people are now posting all sorts of info, some of it not even immigration related.
It would be nice if someone in the core team updated the rest of us, who cannot join the state chapters due to personal reasons on the website.
black_logs, ragz4u. logiclife, waldenpond, berkleybee, shilpa?
How many core IV members have already received their GCs besides Aman, just curious?
Of late is there anything of note even happening on the lobbying front? IV seems to have become another Immigration Portal kinda website where people are now posting all sorts of info, some of it not even immigration related.
It would be nice if someone in the core team updated the rest of us, who cannot join the state chapters due to personal reasons on the website.
more...
pictures 2011 Love quotes-Discover
kubmilegaGC
09-14 11:33 PM
There seems to be no pattern among recent approval rate-My coworker didn't get any update from USCIS- he directly got his physical GC on 4th Sept.
We are still waiting, tried InfoPass, Raised SR, Contacted Senator etc.etc. I am willing to go to Lincoln,NE if that is what it will take to get GC:D
LOL - let me know when you book your flights to Lincoln - I will be there with you ..whatever it takes buddy - whatever it takes :)
do you think some sort of campaign would work in this case? may be this is TOO EARLY to think about this but that's what happened last year - we waited for 2 months and got NADA !!! Hope it doesn't happen this year.
We are still waiting, tried InfoPass, Raised SR, Contacted Senator etc.etc. I am willing to go to Lincoln,NE if that is what it will take to get GC:D
LOL - let me know when you book your flights to Lincoln - I will be there with you ..whatever it takes buddy - whatever it takes :)
do you think some sort of campaign would work in this case? may be this is TOO EARLY to think about this but that's what happened last year - we waited for 2 months and got NADA !!! Hope it doesn't happen this year.
dresses love quotes and thoughts
Honda
05-04 10:26 PM
mine belongs to NSC..I read in another thread that the FP will expire every 15 months and that may be the reason why most of the July filers are getting FP notice again...
That is not reason.
Here is my situation.
In 2007 august i gave first time fingerprints.
In 2008 august i gave second time fingerprints.
Now i got another fingerprint. My service center is also NSC. There is some thing going on, i dont know why they are sending multiple fingerprints.
That is not reason.
Here is my situation.
In 2007 august i gave first time fingerprints.
In 2008 august i gave second time fingerprints.
Now i got another fingerprint. My service center is also NSC. There is some thing going on, i dont know why they are sending multiple fingerprints.
more...
makeup Love quotes-Umbrella
imh1b
01-10 05:22 PM
Sending letters is a waste of time. I did many in the past and nothing happened. We will only make post office richer and lose money on postage. Nobody reads or replies to letters.
Anyone willing to do hunger strike?
Anyone willing to do hunger strike?
girlfriend love quotes and thoughts. Thoughts with tags Buddha,
jsb
03-11 02:36 PM
jsb - I received an email today from CRIS that they have issued an RFE on my I-485. I am EB-3 India September 7, 2007 I-485 filer with a PD of June-2005. Like you said, they do not consider country of chargeability until the case is all set to approve.
Otherwise, why would they touch a EB3-I case with PD of 2005.
I am not sure what are they looking for in FRE. I want to get out of this game now....one way or the other!
Your situation confirms what I believe. They touched your file, because in the sequence of paper file receiving, your file is next. While issuing RFE, adjudicator did not even look at your PD or chargeability. When it is all clear, then perhaps they will open the page where PD and birth country are written. If at that moment in time your PD is current you will be cleared, else back to same (or some other) pending stack of files.
RFE could be for so many things, birth/medical certificates not acceptable, something is not properly signed, photos missing, passport photos not clear, etc.
Otherwise, why would they touch a EB3-I case with PD of 2005.
I am not sure what are they looking for in FRE. I want to get out of this game now....one way or the other!
Your situation confirms what I believe. They touched your file, because in the sequence of paper file receiving, your file is next. While issuing RFE, adjudicator did not even look at your PD or chargeability. When it is all clear, then perhaps they will open the page where PD and birth country are written. If at that moment in time your PD is current you will be cleared, else back to same (or some other) pending stack of files.
RFE could be for so many things, birth/medical certificates not acceptable, something is not properly signed, photos missing, passport photos not clear, etc.
hairstyles Thoughts about Love
nc14
05-20 03:09 PM
FinalGC,
You have summed it up correctly. Comprehensive insurance from a reputed US company/broker like AIG (not TATA-AIG) is the way to go. I had the same for my parents. Luckily, there was no need for us to use it but I know friends who have used it and were not left in soup (it worked as well as it was supposed to work).
Recently, one of my friend's dad came to Texas and got sick and the bill came to $60K. Unfortunatley, he did not buy travelers insurance and is fighting an uphill battle with the hospital.
My parents are coming next month, so I did a detailed research on all the insurance firms, both in India and in USA and I found that most of the ICICI or Tata-AIG plans have limited coverage, which limits the number of days in an ICU or visits by doctors etc.. Even if the plan has a $100K max, the plan may only cover upto $1000 per day for 30 days or so and then there is limitation for ICU and other surgeries. However, if you take a comprehensive coverage, then whatever the expenses, or wherever the charges are incurred, it does not matter. The total amount upto $100K will be covered and it does not limit ICU charges or room charges or doctor visits etc.
The only reason we need an insurance for parents is to cover emergencies, rather than regular doctor visits. Generally, any emergency run 60-70K, so I would recommend a minimum of $100K and do a comprehensive coverage. I have worked with IMG or check this guy at http://www.visitorshealthinsurance.com/
I even called IMG to ensure that this guy is an authorized re-seller/broker for the insurance.
Additionally, I did not find any insurance that covers pre-existing conditions. So just pray that they are healthy during their stay in US.
Yes, it is little expensive, but better peace of mind with comprehensive. If you do a local US insurance, then it is easy to get the insurance paper work done, when needed, rather than doing an Indian based insurance, which may need additional paper work and money transfer may get delayed.
You have summed it up correctly. Comprehensive insurance from a reputed US company/broker like AIG (not TATA-AIG) is the way to go. I had the same for my parents. Luckily, there was no need for us to use it but I know friends who have used it and were not left in soup (it worked as well as it was supposed to work).
Recently, one of my friend's dad came to Texas and got sick and the bill came to $60K. Unfortunatley, he did not buy travelers insurance and is fighting an uphill battle with the hospital.
My parents are coming next month, so I did a detailed research on all the insurance firms, both in India and in USA and I found that most of the ICICI or Tata-AIG plans have limited coverage, which limits the number of days in an ICU or visits by doctors etc.. Even if the plan has a $100K max, the plan may only cover upto $1000 per day for 30 days or so and then there is limitation for ICU and other surgeries. However, if you take a comprehensive coverage, then whatever the expenses, or wherever the charges are incurred, it does not matter. The total amount upto $100K will be covered and it does not limit ICU charges or room charges or doctor visits etc.
The only reason we need an insurance for parents is to cover emergencies, rather than regular doctor visits. Generally, any emergency run 60-70K, so I would recommend a minimum of $100K and do a comprehensive coverage. I have worked with IMG or check this guy at http://www.visitorshealthinsurance.com/
I even called IMG to ensure that this guy is an authorized re-seller/broker for the insurance.
Additionally, I did not find any insurance that covers pre-existing conditions. So just pray that they are healthy during their stay in US.
Yes, it is little expensive, but better peace of mind with comprehensive. If you do a local US insurance, then it is easy to get the insurance paper work done, when needed, rather than doing an Indian based insurance, which may need additional paper work and money transfer may get delayed.
vishal
06-14 10:51 AM
Hi AK27,
Can i know why you were called for personal interview. Is your I-485 Based on future Employment or did u have an Arrest record. If You have a record it might take a while to get your back ground check.
Can i know why you were called for personal interview. Is your I-485 Based on future Employment or did u have an Arrest record. If You have a record it might take a while to get your back ground check.
akhilmahajan
03-13 02:28 PM
IV Core is the best and selfless. They started something, which is going to help everyone in the long run.
I am a memeber of state chapter and very much believe in this concept. Its all about sharing information and thats what the whole idea is about state chapters.
The information flows from top to bottom. There are a lot of things which go in the background which you and me are not aware of, but only the people who are working on it and in our case it is the IV Core. Over the period of time they have encoraged people to come forward and take up the cause. A lot of selfless people have come forward and started helping them out in one way or the other.
What the Core has started is a revolution and it is picking up and a lot more people need to educate themself and join the cause.
If someone does not understand or does not have any motivation, then one can only try to make them understand and motivate and hope for the best.
I dont think IV has ever stopped anyone from saying what they want to, but there is a limit to everything. We are educated immigrants so we all need to act like one. If we dont agree on things we need to come forward and discuss them, instead of starting to criticize.
If you dont share your thoughts then how do you expect people to understand and resolve those issues. So, i will request everyone to come forward with an open mind.
GO IV GO. TOGETHER WE CAN
"You cannot shake hands with a clenched fist." - Indira Gandhi
I am a memeber of state chapter and very much believe in this concept. Its all about sharing information and thats what the whole idea is about state chapters.
The information flows from top to bottom. There are a lot of things which go in the background which you and me are not aware of, but only the people who are working on it and in our case it is the IV Core. Over the period of time they have encoraged people to come forward and take up the cause. A lot of selfless people have come forward and started helping them out in one way or the other.
What the Core has started is a revolution and it is picking up and a lot more people need to educate themself and join the cause.
If someone does not understand or does not have any motivation, then one can only try to make them understand and motivate and hope for the best.
I dont think IV has ever stopped anyone from saying what they want to, but there is a limit to everything. We are educated immigrants so we all need to act like one. If we dont agree on things we need to come forward and discuss them, instead of starting to criticize.
If you dont share your thoughts then how do you expect people to understand and resolve those issues. So, i will request everyone to come forward with an open mind.
GO IV GO. TOGETHER WE CAN
"You cannot shake hands with a clenched fist." - Indira Gandhi
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