They probably think we are better than where they have us ranked, but don't want to rush and move us back up too soon. At least not until we create some distance in the rear view from those "two losses"...at the end of the day 2 losses is still 2 losses and its hard to complain about your spot when you're the highest ranked 2 loss team.
If we're sitting at 5-2 after USC, I bet we'll make a move up into the top 15, then it's just a matter of attrition.