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
Aug 29	A	Strong	Up	Up	Up	1.73%
Aug 28	A	Strong	Up	Up	Up	1.73%
Aug 27	A	Strong	Up	Up	Up	2.30%
Aug 26	A	Strong	Up	Up	Up	2.41%
Aug 23	A	Strong	Up	Up	Up	3.21%
Aug 22	A	Strong	Up	Up	Up	4.14%
Aug 21	A	Weak or Absent	Up	Up	Up	4.26%
Aug 20	A	Weak or Absent	Up	Up	Up	4.84%
Aug 19	A	Weak or Absent	Up	Up	Up	4.68%
Aug 16	A	Weak or Absent	Up	Up	Up	5.15%