Where the stock market will go? and which is the right time for the long term investor?

If you are in it for the long term, then any time is a good time. Don't try to time the market. It's a bit difficult to win at that game. Just make sure you take advantage of dollar cost averaging by investing regularly. This way you can buy more when the stock is low and less when its high.

To answer your first question, there is suppose to be a correction in the stock market. It's suppose to fall 10%. Some say the correction is happening right now. Especially since it's been falling for a week now.

Anyway... do a lot of research. Now may be a good time... or maybe not. You know people aren't really suppose to give financial advice unless they want to be held liable for it. Especially in print. ;) good luck!

For a long term investor, this is a pretty good time.
Be selective, do research, find good companies that are trading 30% below of what they should.

There is no such thing "right time" ... it all depends on your goals, financial situation, tax bracket, your age, amount need to invest, time frame and sector/companies u r looking for. b4 u invest, Look for some other options, measure risk levels, and make decision. Invest wisely, look for low risk and less tax options.

I don't u any good reason can lead the market to go up, but it doesn't mean it won't go up. Investors have short memory and they have forgot the recent history, I am afraid that google might b another yahoo! They have very high expectation.

NOTE: I am financial professional but do not consider this as personal advice as I can't suggest without knowing other facts.

The main thing to remember with compound interest is that longer time is better therefore investing sooner is better. It's possible you'll be the victim of bad timing but it's better than missing out totally. Like a previous poster said, it would be good if you could invest on a regular basis to take advantage of dollar cost averaging.