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http://www.themagicteacher.com/articles/309/1/You-Find-it/Page1.html
Louis Toh
Yo! young cardician here. But hope u like my other street, coin, and mental tricks!! :) 
By Louis Toh
Published on 07/23/2007
 
A card is chosen and returned to the deck, which is cut a number of times. The magician just glances at the side of the deck and tells the spectator the exact position of the selected card.

Solution:
1. To set up the deck, sort all the Hearts into numerical order, Ace to King. Put them on the bottom of the deck

2. Set the deck face down on the table and ask a spectator to cut the deck, after that, tell them to look at the card they cut to.

3. Ask them to put the card on top of the opposite pile (on top of the original top card), and then ask them to complete the cut and square the cards the card neatly.

4. Now, ask them to turn the deck face up, and then ask your spectator to complete a cut again. (what u need them to do is to cut to one of the cards in the stack (face up) which u set up earlier, any heart). if you're lucky enough, they will do it the first time, if not simply ask them to cut the deck again, and if needed again.

5. After they cut to a card, in our example, 4, remember the card. And then have the deck turned face down and stare at the edge of the deck as if making some ingeniously long stupendous calculation. State their selection is 4 (the card) cards down from the top of the deck. And then ask them to deal three cards face down and turn over the fourth. It will be the card selected. It depends on what hearts they pick, if they pick 7 ask them to flip over 6 and the seventh card is theirs, Jack:11 Queen:12 King:13. Hope u like it :)))))))))