When you are sitting at a table eating with some boring friends, you pull your balls out of the side of your shorts, put your wrist on your thigh, put your balls on top of your wrist, and say to your friends "hey, have you seen my new wristwatch?" Your friends then look and see your balls on your wrist.
Southern expression used to describe one being in a situation, presented with a problem, or given a task wherin the person has no idea what to do, what they are looking at, or is unable to understand what is being described.
Jim: What did the Professor discuss in class today?
Jed: Man, i don't know. I sat in my chair "like a hog looking at a wristwatch" for the entire lecture!
My girlfriend offered to try something new in the bedroom for my birthday...so I told her I wanted a chocolate wristwatch. She doesn't ask what I want for presents anymore.
When a girls pussy(or ass) is sooooo large you could stick your entire fist in it. Then you pick her up with your forearm inside of her using her similar to a wristwatch. Very difficult to perform but when it is done, you know you got a loosy on your hands(literally).
When a double sided dildo is vaginally and anally inserted in the same female. The person responsible for the act then inserts their wrist through the loop, presenting it in the same manor as a watch.