So, here we are already: The Year of The Rat!
Specifically, 2008 is the Chinese Female Brown Earth (Soil) Rat year. This day is a new moon day, the first day of the first Chinese lunar month in the Chinese Lunar Calendar system. The exact new moon time is at 11:44 on 07-Feb-08 in China.
Now, to further quote from Chinese Astrology Online:
"If we apply Chinese lunar calendar system on the USA time zones, we find something interesting here. In the US Pacific Standard Time (PST), the new moon time is at 19:44 of 2-06-08. In the US Eastern Standard Time (EST), the new moon time is at 21:44 of 2-06-08. Therefore, the Chinese New Year day for USA time zones is on February 6th, 2008."
Well, in my books it's always time for good, healthy, happy & peaceful celebration.