Trend Table for PFD - Flaherty & Crumrine Preferred Income Fund Incorporated

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 10	A	Strong	Up	Up	Up	-5.94%
Oct 9	A	Very Strong	Up	Up	Flat	-5.31%
Oct 8	A	Very Strong	Up	Up	Flat	-5.19%
Oct 7	B	Very Strong	Up	Up	Down	-4.42%
Oct 4	B	Very Strong	Up	Up	Down	-4.59%
Oct 3	B	Very Strong	Up	Up	Down	-4.51%
Oct 2	B	Very Strong	Up	Up	Flat	-4.91%
Oct 1	A	Very Strong	Up	Up	Flat	-5.39%
Sep 30	A	Very Strong	Up	Up	Up	-5.62%
Sep 27	B	Very Strong	Up	Up	Flat	-4.67%