serpsup - 12:39 am on Sep 11, 2012 (gmt 0)
I have also been seeing some wild fluxuations in search results from Google for the past week. Started with a 50-60% drop in Google image traffic, followed by a steady decline in organic search traffic - down ~ 10-25%. Also seems like the non converting traffic in the morning, followed by good performing traffic in the evening is back - as if there are two different sets of visitors.
I believe something major rolled through last week.. surprised there hasn't been any official confirmation yet.
I am a US ecommerce affiliate site, hit by Panda 1.0 originally.