Wave the old world goodbye it's time to say hello to the new world praying it will be right that the world may soon see the light i'll be waving oh waving and i'll be waiting sure the old folks have tried but now it's time for us in the new world pray that it will be right that the earth don't turn out the lights wave the old world goodbye it's time to say 'goodnight' to the old world let's pray that it will be right so the world will soon see the light i'll be waving oh waving and i'll be waiting oh waiting this night it's time to say 'goodnight' to the old world it's time to say 'hello' to the new world and wave the old world goodbye i'll be waving oh waving and i'll be waiting oh waiting this night it's time to say 'goodnight' to the old world time to say to say 'hello' to the new world and wave the old world goodbye tonight