MHes - 10:50 am on Nov 21, 2012 (gmt 0)
European traffic for my websites are stable.
We are only UK and now have a 25% loss of traffic compared to last week.
I think there is still movement in the serps, today may be important for us.
It has been a few years since I have really studied SEO and Google. I can remember that there was always a lot of confusion because some sectors or countries got hit at different times by changes Google made. It seems to me, that unless the sector and country is the same or very similar, observations can be misleading, untill the dust has completely settled and the update is uniform.