Honestly it's probably your graphics card. If you have another computer try hooking your monitor up to that and see if the wavy lines are there. That way we can eliminate the monitor as a problem. Does your computer have integrated graphics or a separate card?
Try using a DVI cable instead of a D-Sub (VGA).
Also, it is quite helpful if you post system/monitor specs...
------------------------------If the automobile had followed the same development cycle as the computer, a Rolls-Royce today would cost $100, get a million miles to the gallon, and explode once a year, killing everyone inside.
PSA
Reply to outlw6669
For wavy lines, I'd suspect nearby interference or the monitor. A dying graphics card will usually artifact or produce "blocky" effects. As outlw said, the specs would be useful.