Peter Eliades SMC Update 9-17-20

09/17/2020


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dh5046
dh5046

Peter, thank you as always for the posts, but a question. Per NDX, on 9/14 you show a 12.1 / 13.8 offset (nominal 5 week projection) down in the 10,200 range. On last night's 9/17 video you show a 24.2 / 27.6 offset (which you also call a nominal 5 week projection) as having a preliminary lower projection - but not confirmed. Am I understanding correctly that both of these different offsets have the same 5 week projection? If so, can you clarify how you suggest approaching / weighting the validity of one offset that's confirmed vs another that's preliminary? I hope that makes sense! Thx..

Peter Eliades
Peter Eliades

dh5046 said:

Peter, thank you as always for the posts, but a question. Per NDX, on 9/14 you show a 12.1 / 13.8 offset (nominal 5 week projection) down in the 10,200 range. On last night's 9/17 video you show a 24.2 / 27.6 offset (which you also call a nominal 5 week projection) as having a preliminary lower projection - but not confirmed. Am I understanding correctly that both of these different offsets have the same 5 week projection? If so, can you clarify how you suggest approaching / weighting the validity of one offset that's confirmed vs another that's preliminary? I hope that makes sense! Thx..

dh5046, If you check carefully what I said on the 9-17 update above, I never called 24.2/27.6 a nominal 5 week projection...I called it a 5 week offset. Remember, the length of the offsets is 1/2 the length of the "nominal" projection lengths. In the case of the 24.2/27.6, that is the equivalent of a 5 week offset which leads to nominal 10 week projections. I hope this clarifies it for you.

dh5046
dh5046

Great, I figured I missed something. Thanks for clarifying and have a great weekend.

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