"'Blessed is the one whom God corrects; so do not despise the discipline of the Almighty.'" NIV translation
Eliphaz continues to lecture Job by pointing out some truths about the fact that God disciplines His people. While this is true, it does not mean that every time something bad happens to someone it is because of God disciplining someone for their sin. As in the case of Job, God allows some things to happen because He knows that it will grow us in our faith and draw us closer to Him.
"'For he wounds, but he also binds up; he injures, but his hands also heal. From six calamities he will rescue you; in seven no harm will touch you. In famine he will deliver you from death, and in battle from the stroke of the sword. You will be protected from the lash of the tongue, and need not fear when destruction comes. You will laugh at destruction and famine, and need not fear the wild animals. For you will have a covenant with the stones of the field, and the wild animals will be at peace with you. You will know that your tent is secure; you will take stock of your property and find nothing missing. You will know that your children will be many, and your descendants like the grass of the earth. You will come to the grave in full vigor, like sheaves gathered in season.'" NIV translation
Eliphaz describes the fact that you are blessed when you place your hope in God and trust in Him. We notice that everything that Eliphaz says is true but it still does not apply to Job's situation. This reminds me of the fact that we can choose to quote Bible passages to people that are hurting or we can listen to them and show them compassion. You can almost feel the friendship between Eliphaz and Job dying as he continues lecturing Job.
"'We have examined this, and it is true. So hear it and apply it to yourself.'" NIV translation
Eliphaz completes his speech by stating that the things he has said are all true based on his experience. He wraps it up with his conclusion that Job has hidden sin and must repent.