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 1	B	Weak or Absent	Up	Up	Flat	17.84%
Jan 31	B	Weak or Absent	Up	Up	Up	17.70%
Jan 30	C	Weak or Absent	Up	Up	Up	16.86%
Jan 29	C	Strong	Up	Up	Up	16.72%
Jan 26	B	Strong	Up	Up	Up	17.00%
Jan 25	B	Strong	Up	Up	Up	17.00%
Jan 24	B	Strong	Up	Up	Up	18.55%
Jan 23	B	Strong	Up	Up	Up	19.56%
Jan 22	B	Strong	Up	Up	Up	19.63%
Jan 19	C	Strong	Up	Up	Flat	20.95%