Bogle: 'Hope Will Return'

But the index-fund guru says stocks could slide further before the dust clears. His advice: Stay calmand keep some bonds in your portfolio

The stock market continued its volatile run Aug. 16, with the Dow Jones industrials plunging more than 300 points after problems at mortgage lender Countrywide Financial (CFC) confirmed investors' fears that the worst of the credit crunch isn't over yet. And just as suddenly, major indexes zoomed back in the last hour of trading to finish the day little changed. Amid the scary market action, what's an individual investor to do?

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