Alias use from Terminal - What's the magic recipe? I wanted to make a shortcut at my root, entry Terminal directory

Goal

an Alias for /someLongPath/someProject/ at ~/someProject

Problem

I create the Alias and locate it at ~/. For me this is ~/MultiTimer here. But for the Alias, the Terminal use of cd does not work!



Question

How do you use cd from the Terminal for an Alias? Can this be setup?
Aliases are special files for OS X and currently only supported by GUI apps.
They contain information about the target object wich allows the finder to find the original location even if the target has been moved across filesystems. 

There is some C source to build a tool that gets the target name out of an alias file (Link to source code), but I think to use it in the way you would like (cd) this is not that practical. Ex:

cd `./getTrueName Multitimer`


As mentioned in the first answer, ln is the right tool to use if you don't need the advanced Alias features:

ln -s &lt;sourcepath&gt; &lt;targetpath&gt; does not allow for target movement.

ln &lt;sourcepath&gt; &lt;targetpath&gt; allows for target movement, but only on the same file system.