I lost a good site wide link for one of my sites 10 days ago and in the last 4 days my traffic is down by 90% nothing else has changed. I lost rankings for all my major keywords and tailenders. Do you think this could be a penelty by google? ie google getting an impression that it was a paid link? Now just in case I lost rankings due to that lost site wide link, now that I have got it again do you think I would get my old rankings back and if yes how soon and if no ... why? Any suggestions will be most welcome.
I am not sure one link will make that much difference. Part of the reason could be that the update is going on and everything is up and down. 90% traffic lost seems a lot. Where so you get your traffic? From that one link or from search engines?
That link didint send me any traffic but the link I am talking about was as relevant a link could get to my site. All the traffic from google is almost gone.Traffic was 3000+ uniques a day 3 days ago and now its down to 300-400
It does seem rather quick for google to respond to your loss of those links within a week. Still, losing links can certainly hurt you in the serps.
There are a lot of weird things going on, I would wait till the dust of the update setttles then see what happens. I don't see Google reacting to one link taht fast but anything is possible. I would keep trying to build links on good sites and not count on one link. If you lost it and got it back, it doesn;t seem reliable, look for other more reliable links.