ok, just to clarify. The conduit is just basically a pvc pipe attached to the niche that the cord is run through, so the conduit runs all the way to the box, right? So as long as the conduit is not broken and leaking then the cord and conduit do not need a gasket...in other words the conduit would have pool water in it up unto the level of the pool? Is that how it is supposed to work? So if there is a leak where the cord goes into the conduit, then the conduit is broken somewhere between the back of the niche and where the conduit comes above ground and goes to box. Am I thinking right?