As far as my limited understanding of Chinese culture goes it's lucky to wear red underwear today if you are born under the sign of the dragon. I was born under the sign of the dog so don't need to worry just yet.
One of the traditions celebrated on the second day of the festival is the birthday of all dogs. So if you are lucky enough to have a dog give them a special treat.
I am still grieving the loss of my dear dog Betty who passed away last year. I will look to the sky and blow her a kiss.