Here’s the problem cyphire, those in the business that correctly identified the peak in 2003 were proven wrong. Many were seduced back in and those who didn’t pull back in 03 confused good luck with a good plan. If everything you build sells, you never really learn how to build smart. This extends beyond the devloper/builders to most areas of the industry. To use your craps analogy, when you consistently hit the point over and over, never crapping out, it creates a false sense of security that causes you to press your bets. That’s why the casinos have craps tables, eventually they get it all back and then some. None of the national builders are O.K. and the smaller ones have even less reserves.