mooSlidingLabels allows to give an alternative effect to the placeholder attribute of any given input.
Even though the placeholder attribute is HTML5 native, you can still use it in html4, or can use the value attribute, to set the label text.
The demo it's built using mootools 1.2, which is not compatible with IE9, I'm thinking in migrating it to mootools 1.4, but I'm quite short on time right now.
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