Round about method to getting where you want to go. Dimension your line length ( should wind up being driven ). Right click it and select "split entities". Split the line somewhere along its length. Dimension the length of one of the two colinear lines. Select the newly created dimension, then Tools-Equations-Add- "select the driven dimension- SW will complain about the driven dimension, but click "OK". Lastly, in the equation box give it a "/2". OK your way out of the equation boxes. Now you have a point to which you can do coincident mates... ect.