IIRC the short-term spot memory is cleared when you advance the film - so you
have to re-spot every frame. UNLESS you twist the little lever "MEMO" which
will remember a spot reading after you advance the film. The viewfinder LCD
shows MEMO when there is a spot reading stored and the led on the top plate
blinks.
What do you see in your LCD and does the led blink?
Does your OM-4 spot meter work with the film advanced?
Andrew
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