Key Switch?

[moloprintz]

Saturday morning (8:30 AM) was cool (low 40's) and moist (fog).
I always remove my key after switching on.
I stopped to refuel.
I had my 12V gloves on so I'm not as dexterous as normal.
I my have wiggled the key while removing it.
I noticed the clock indicated 1:00.
I reset the clock.
Fired up and joined my friends for coffee before the ride.
Gloves on again and I my have wiggled the key again.
Bike starts and its 1:00 again.
Reset the clock.
Switch off because we're waiting for a new guy.
Gloves on again and I my have wiggled the key again.
Now I have neutral light and nothing else.
No odometer and no indicator lights.
Switch off and switch on and everything is OK.
Everything functions normal the rest of the day and Sunday.

This clock rest thing has happened before.
The key requires a certain touch to remove once switched on.
Is my switch on the verge of failure?
Or am I looking in the wrong direction?