<form action="http://www.domain.com" method="post">
<input type="text" size="25" value="Enter Your Default Text Here" onFocus="
if(this.value == 'Enter Your Default Text Here')
{
this.value = '';
}"
onBlur="if
(
this.value == ''
)
{
this.value = 'Enter Your Default Text Here';
}"
/>
<input type=submit value=Submit>
</form>