not sure i supposed so? according to the horoscope ppt forwarded
to me, we are supposed to "Go to the bank, wear red and bank in a
cheque or cash to your name." supposedly to ensure this be a good
and prosperous year wor... if good things happen on this day means
this would be a good year...
Singapore flag has partial red u know... 
wrap the singapore flag ard urself... chiong to the bank and
shout,"Da dao zhong guo ren!!!!" loudly...
I think ur new year will kick off with a bang~ 