Did you lose or gain rankings in Google's update on Fri June 8th? Share your story here and if you don't mind, please post about it on my blog as I need some comments there. http://sehabitat.com/blog/google-up...h-correction-check-in-here-with-your-results/
I have 1 year web constantly in google page 1 but since penguin have dropped leaving zero traffic my advice, avoid cloaking links, decrease keyword density and keep updating your site. cmiiw.
I lost ranking for around 15 keywords within a week of Penguin updates that Google announced on 24th May 2012. Thereafter, I again lost rankings for another site in next week... But after that there was no other rank drop. I guess it was all to do with the excessive linking and duplicate pages in the site.