If you are using the two formulas at the same time, it will not work... Here is a simple spreadsheet with it working: https://docs.google.com/spreadsheet/ccc?key=0AiOy0YDBXjt4dDJSQWg1Qlp6TEw5SzNqZENGOWgwbGc If you are still getting problems I would need to know what type of erroneous result you are getting.
Today() returns a numeric integer value: Returns the current computer system date. The value is updated when your document recalculates. TODAY is a function without arguments.