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 8	A	Strong	Up	Up	Flat	11.64%
Aug 7	A	Strong	Up	Up	Down	12.30%
Aug 6	B	Strong	Up	Flat	Down	13.24%
Aug 5	B	Strong	Up	Down	Down	13.91%
Aug 2	A	Strong	Up	Up	Flat	10.99%
Aug 1	A	Strong	Up	Up	Flat	10.99%
Jul 31	A	Strong	Up	Up	Flat	10.99%
Jul 30	A	Strong	Up	Up	Flat	10.86%
Jul 29	A	Strong	Up	Up	Flat	11.38%
Jul 26	A	Strong	Up	Up	Flat	11.12%