Are you going to be racing this bike? I thought you mentioned in one of your other threads that its for racing. If so, I figured you would already know how an open/closed circuit would work because that affects your bike when you plan on removing the kickstand. I am not positive if out= open and in=closed because I dont have my bike I can just walk up to and take a look, so I will use the information you have posted above. If the kickstand is "out" and the "button is out" that means the switch is in the open position. Kickstand "in" or "up" closes the circuit, as the kickstand is kicked up, it pushes the button "in". You mentioned " Good point on tape, so do i tape it and tape it to a an object so it wont hang around?" Really man? Come on, use your common sense, do you want your wiring just dangling around? If its connected to something and its short enough to not need tape, then sure leave it if yuo plan on using it again. Like the turn signals, they have anchors where you wouldnt need to tape them to anything, but other wiring may need tape. Back to the basics.
What is a "globe"? A bulb?