Today I was checking how keywords in anchor text were working for both my internal linking and external linking.
My homepage has PR6 and each time I add an internal link to a new page at my site, that page shows for that keyword in the firt places of Google within one or two days.
So I decided to test the same for the external links I have at my homepage.
Using the link:site command in Google, my site didn't show as a referrer in any of the 20 or so sites I link to.
Tried the same at Yahoo, and my site showed as linking to all those 20 sites.
So Google for some reason is not counting my homepage external links.
I don't use the nofollow tag. Perhaps is the result of linking to many sites I own. But penalizing my external links is something weird...
My site ranks well and my internal linking works great, but this is the first time I check this so I don't know since when this is happening.