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

Current Trend Strength: Very Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 15	B	Weak or Absent	Up	Up	Up	19.12%
Feb 14	C	Weak or Absent	Up	Up	Down	20.44%
Feb 13	B	Weak or Absent	Up	Up	Down	21.03%
Feb 12	C	Weak or Absent	Up	Up	Flat	19.12%
Feb 9	C	Weak or Absent	Up	Up	Down	19.85%
Feb 8	C	Weak or Absent	Up	Up	Down	20.44%
Feb 7	C	Weak or Absent	Up	Up	Down	19.85%
Feb 6	C	Weak or Absent	Up	Up	Down	18.98%
Feb 5	C	Weak or Absent	Up	Up	Down	19.85%
Feb 2	C	Weak or Absent	Up	Up	Down	19.27%