By Peter Switzer, Switzer Super Report

Regular readers know I've been wrestling with the history of stock markets, which suggests a correction or pullback is overdue. However against this, last week I argued, with great trepidation, that "this time is different!"

Despite my bullishness since March 2009, these are the kinds of words someone like me, a cautious investor, fears ever uttering, let alone writing or believing!

I ran my theory that the differences of today ? QE3 in the USA, Draghi's monetary stimulation in Europe, stimulatory Abenomics in Japan and the resilience of the Chinese economy ? makes this stock market we are dealing with very different.

The biggest blast from the past is wrapped in a clich