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Originally Posted by Texan
It would be almost impossible to find a magnet that could hold 130 lbs. for a reaonable cost.
Of course, if you've got money to burn, it doesn't matter does it? 
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You could buy 4 magnets that each hold 35 pounds though.
I seem to recall a surplus catalog showing 100pound+ magnets at reasonible prices (under 50 bucks) of course I couldn't tell you the name of the catalog , thats lost in the buzz of too many catalogs.
I hadn't thought of magnets. But they could be used to help 'find' the bar when you aretrying to hook it.