If the table is really big it might be better to use event delegation:
$('table').click(function(e){ var $td = $(e.target).closest('td'), $tr = $td.parent(), pos = $tr.children().index($td), $up = $tr.prev().children().eq(pos), $dn = $tr.next().children().eq(pos); $up.css("background-color", "red"); $dn.css("background-color", "blue"); });