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Here is what i don't understand -- the yearly cap on H1B's is supposed to be 65k. So, that being the case, how do so many companies end up with mostly foreign technology staff? I have had the same experience at many different large corporations and i don't see how that comes to be given the...

1226?

Scratching and clawing my way back.... Performance for Week 11: Weekly % Return = +2.6% 2011 P/L = -0.9% Current DD = -6.5% MDD = -12.05% I've now had three positive weeks in a row. Oddly, I seem to be doing better as market volatility and downside pressure increase...

what in the hell is going on here...nothing like a little market volatility to bring out the worst in people.

ouch

its a big f'ing vertical line...completely surreal.

which part? rally tomorrow? or short till it bleeds at 1050? i'm less confident about the rally. I feel pretty good about 1050, at least over the next couple of weeks at some point.

Looks like a rally tomorrow. Bet they run it up to 1100 or near there. Look to get short in that area. 1140-1150 seems like a decent place to cut shorts or scale in long.

OK, here come da bounce back! What say you people -- do we get a run up tomorrow? Maybe we will key off a better than expected GDP? If they run this thing straight down, people are gonna get majorly spooked, Anyway, we'll see. I think i'll try to get out of this position at 1085...

I like 1035 for the bottom, based on the Nov low as support. However, i would start scaling into a position at 1050 and see what happens. If we break 1035....well, we won't without something obviously wrong with the recovery.

I hear you. Here's the thing, the fact that they are dumping the market after hours makes me suspect that they're setting it up for a decent rally tomorrow. I hate to sell and miss that. I watched all week as they ran it up overnight only to sell it off in the morning. Its almost...

They are good, and in my experience head and shoulders above for options. But, i just closed my account there because of the fees. That said, i think they're an incredible solution and probably the best for more infrequent traders.

Its ridiculous. I can't believe this thing is melting down after hours. I'm sitting on 4 lots just wondering wtf. I am out at 75 if it gets there, which looks inevitable. The whole situation makes me wonder if there is something big happening that isn't yet announced. LIke maybe a...

Long 73.76, looking for the bernanke bounce

I caught some of that short, just flipped long at 73.56. Gonna sleep on it, me thinks.

what are you doing ammo? building up a short position as it rises? starting at 87??

I dunno, im kind of hoping that little incident that just happened was the final capitulation. It was pretty ugly. What we need is the fed to say something that rallies the overall market here in a few.

Ok i lied. I couldn't pass up getting out at even on that bounce. Buy order in for 73.98 if it drops that low again.

I do believe CL is going to eventually kill me. Is that possible? I am long until and unless this thing breaks 73.50.

There's got to be an active foreign market somewhere you can trade. :)