how do I clear the values in my text input fields?
<p>My code doesn't run and I want the value to be cleared when you click on another 
</p>

<p>what am I doing wrong?</p>

<p><a href="http://jsfiddle.net/AL2vS/" rel="nofollow">http://jsfiddle.net/AL2vS/</a> </p>

<pre><code>var placeholderText = $('input').val();

$(placeholderText).focus(function() {
    $(this).attr('value', "");
});
$(placeholderText).blur(function() {
    $(this).attr('value', phTextVal);
});​
</code></pre>
