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
Oct 25	A	Strong	Up	Up	Down	-2.57%
Oct 24	A	Strong	Up	Up	Flat	-2.75%
Oct 23	A	Strong	Up	Up	Flat	-3.20%
Oct 22	A	Strong	Up	Up	Up	-4.11%
Oct 21	A	Strong	Up	Up	Flat	-3.40%
Oct 18	A	Strong	Up	Up	Up	-3.76%
Oct 17	B	Strong	Up	Up	Flat	-2.89%
Oct 16	B	Strong	Up	Up	Flat	-3.30%
Oct 15	B	Strong	Up	Up	Flat	-2.68%
Oct 14	B	Strong	Up	Up	Flat	-2.89%