In the beginning of the short, Squidward is telling to say hello to Pisces (sign of the fish). He states that people do not trust Pisces as they tend to lie. Even when they think they think are telling the truth, they are most likely not.
Some advice Squidward gives out to Pisces is to never talk to anyone again. Squidward then predicts for Pisces that in the year ahead their nose will keep working just fine.
The short ends with Squidward reminding that Pisces will tell good things if anyone tips them well. Lastly, Squidward starts playing his clarinet.