Making sure it is water tight is a big key for the DIY. Only take my advice if you feel comfortable with working with electricity and at your own risk. , I AM NOT A QUALIFIED ELECTRICAN! That being said, I would probably get a length of tubing aprox 18" long, ( use a size large enough size to cover everything once completed below) slide it on the long end of the cord, in your case not on the wire connected to the light end. Push it up the line for later on. Use scotch lock connectors from an electrical supply store. This in itself will make a water tight connection. use one for each wire, Once the wires are connected separate one of the scotch lock connectors as far up one in one direction of the wire as possible without actually pulling against the wire itself. The other as far in the other direction as possible, In other words not one right on top of the other. You'll understand why in just a bit. Now tape the two connectors down start at one end taping toward the other then come back across, go back and forth several times going just a little further out with each pass to make a black tape tail connection. If you do this as explained earlier you'll make less of a HUMP (See Above) in the middle so the tubing will slide on easier, before sliding the tubing over I use fishing string or wax string and tie the ends of the black tape down to the wire at each end, Now slide the tubing over all this and fill the end of the tubing with silicon. yes this is a triple connection, but considering it's a DYI project, the whole thing might cost $3 and the safety of you, the fish, and any other living creature visiting the pond, I don't think it's that much over kill.