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
Jan 23	C	Strong	Down	Up	Flat	12.63%
Jan 20	B	Strong	Flat	Up	Up	10.62%
Jan 19	B	Strong	Up	Up	Up	10.45%
Jan 18	C	Strong	Down	Up	Up	11.91%
Jan 17	C	Strong	Down	Up	Up	13.23%
Jan 13	C	Strong	Down	Up	Up	13.72%
Jan 12	D	Strong	Down	Up	Up	12.99%
Jan 11	D	Strong	Down	Up	Up	13.97%
Jan 10	C	Weak or Absent	Down	Up	Up	14.83%
Jan 9	C	Weak or Absent	Down	Up	Up	15.97%