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
Aug 22	A	Strong	Up	Up	Up	7.36%
Aug 21	A	Weak or Absent	Up	Up	Up	7.48%
Aug 20	A	Weak or Absent	Up	Up	Up	8.08%
Aug 19	A	Weak or Absent	Up	Up	Up	7.91%
Aug 16	A	Weak or Absent	Up	Up	Up	8.40%
Aug 15	A	Weak or Absent	Up	Up	Up	8.96%
Aug 14	A	Weak or Absent	Up	Up	Up	10.09%
Aug 13	A	Weak or Absent	Up	Up	Up	10.99%
Aug 12	A	Weak or Absent	Up	Up	Flat	11.58%
Aug 9	A	Weak or Absent	Up	Up	Flat	11.32%