share price movements

a casual observation for those interested in MCO's share price movements

looking at the 2 month chart for MCO and then looking at the 2 month chart for Bendigo Mining (BDG) I'm seeing that they look almost the same with their ups and downs

(in Etrade the charts can be seen together on the same chart)

this suggests to me that the general market is judging MCO based on BDG, which has a much larger following

interesting, but can anyone see how to trade on this correlation? or somehow exploit it for a gain?

furthermore, it seems to indicate to me that MCO shareprice might be based on news flow from BDG

interesting?

I'm also thinking that LGL quitting the Lachlan fold belt has a strong influence on MCO valuations considering that LGL's sp has risen a lot after quitting Ballarat, in other words the market has seen LGL's move as a good one