JQuery :: Display DIV Link To Edit Content On Mouseover

I have divs that contain html text. What I need is when I move mouse over that div link is displayed to edit content.

I have such code:
$J('div.editable_content').mouseover(function(event) {
$J(event.target).css("border", "1px solid black");
$J('div.content_edit', event.target).show();
return true;
}).mouseout(function(event) {
$J(event.target).css("border", "0px");
setTimeout(function(){
$J('div.content_edit', event.target).hide();
}, 2000);
return true;
});

But the problem is that if I move mouse on content that is inside this div (for example image) than mouseout event is triggered. One solution would be adding this event to all elements inside that div. What selector should I use to select all elements inside div ("div.editable_content *" and "div.editable_content > *" does not seem to work for this problem)? Any better solutions how to do this without attaching events to all elements?