I knit english and since I look down at the needle instead of at the point when I knit, it's clockwise. If you look at the point it's c.clockwise, so that's why I think it's not useful to use those terms, it very much depends on how a person is looking at the needle.
There's still only one stitch - on one side of the row you work into the front of it, but in into the back of it on the other side. Not the legs, how the stitch looks.
Tignor, when you rip out, the float will be the strand of yarn that's above the actual loop which was the stitch that was knit. Maybe if you CO a few stitches with larger needles, knit a few rows in it, then pull your needles out, you'll be able to see them easier.