How to type the name of a directory in the Mac Finder

Problem: You're using the Mac Finder, and you're in one directory, and you need to move to a directory/folder that is somewhere else in the system hierarchy. It sure would be easy if you could just type in the name of the folder you want to move to, but you don't know how to do this.

Solution: Whenever you're using the Mac Finder, or other Finder-related components in Mac OS X applications, you can use this magic keystroke to let you type in the name of a directory/folder that you want to move to: