Rotating pegs

I’ve done this 1000 times, but am now having trouble.
I want to rotate a peg but when I click the advanced animation rotate tool,
there is no pivot point. The picture is highlighted yellow yellow and pivoting very gradually, as if the point were a mile away.
What did I accidentally do?

It really looks like the pivot point is somewhere in outer space… that can easily happen when you move pegs, the camera and drawings around a lot. If you double click on the peg to see the Layer Propeties you can check and change the coordinates for the pivot (what values can you see there?). You might be able to spot the pivot zooming out of your scene. You can use the Rotate tool of the Advanced Animation toolbar to drag and drop the pivot to a more reasonable position. Keep in mind that pivots of pegs are not animatable over time.