Too many similar links to my website

Please advise

[Philarmon]

Hi!

I have an e-commerce site that is about 1 year old. It has many backlinks from many on-topic established sites (mostly PR4-5 links).

In the beginning, i have targeted one main keyword combination (discount widgets) and it is now the anchor text of the most links. After two months or so i managed to get the #11 spot for this one but shortly after that the site dropped and is now at about #600 or so :) So i assume i have just over-optimized it somehow?

What would you suggest i should do now? Get more links to the homepage with a different text? Get more links to the deeper pages (there are only a few)? Try to change the existing links?

And should i try to get some links like "Great cheap discount widgets" so i still have my KWs in it but with more words around?

Please advise - i'm lost :)
Thank you!

[OCSupertones]

How long has your site been around.

Two months to be listed in google is pretty good if you ask me. Especially if google lists 5+ million results.

I would keep building, but diversify your anchor text to cheap widgets, half price widgets, buy widgets, etc.

Hopefully G will see you as the widget authority :)

Brandon

[Philarmon]

The site is about 1 year old. It is spidered frequently and has about 20.000 pages in the index.

Hopefully G will see you as the widget authority :)

Yeah, my dream would be hit the top 10 for "widgets" :) But that won't happen overnight with 44 100 000 search results keyword ...