If you constantly want to monitor the log file and catch the desired pattern as soon as it appears:
while(!(Select-String -path 'c:\log.txt' -pattern 'something' -quiet)){};
## when finds the pattern, comes out of the loop and proceed to next part of the script
Write-host 'we have a match'
You may want to change the path of the file to yours.
Though this would work, there will be a lot of processing that your computer have to do, since the while loop is a constant loop. If you can afford to introduce some delay, like if it is OK to find the error 30 sec or whatever is your threshold, after it appeared, then you can consider introducing sleep:
while(!(Select-String -path 'c:\log.txt' -pattern 'something' -quiet)){start-sleep -seconds 30};
## when finds the pattern, comes out of the loop and proceed to next part of the script
Write-host 'we have a match'
You can write a small logic to terminate the script after two hours, otherwise it would become an infinite loop, if 'something' doesn't gets written at all in the log file.
Edit 1:
If you want to print the new lines at the console, you can try manipulating a bit like:
while(!(Select-String -path 'c:\log.txt' -pattern 'something' -quiet))
{
$a = get-content 'c:\log.txt'
if(($a.count) -gt $b )
{
$a[$b..($a.count)]
}
$b = ($a.count)
start-sleep -Seconds 30
}
## To print the line containing the pattern when while loop exited
(Get-content 'c:\log.txt')[-1]