Trend Table for PFO - Flaherty & Crumrine Preferred Income Opportunity Fund Incorporated

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	B	Strong	Up	Up	Up	-2.78%
Nov 7	D	Strong	Up	Flat	Flat	-1.72%
Nov 6	D	Strong	Up	Down	Flat	-1.30%
Nov 5	D	Strong	Up	Flat	Flat	-1.41%
Nov 4	C	Strong	Up	Down	Down	-1.14%
Nov 1	C	Strong	Up	Down	Down	-1.08%
Oct 31	C	Strong	Up	Down	Down	-0.97%
Oct 30	C	Strong	Up	Flat	Down	-0.97%
Oct 29	C	Strong	Up	Flat	Down	-0.86%
Oct 28	B	Strong	Up	Flat	Down	-1.43%