\begin{tikzpicture}
\node [draw=black, anchor=south west] (label) at (0,0){\includegraphics[width=300mm]{th.jpg}};
\coordinate (ZX) at (157mm,104mm);
\coordinate (YB) at (249mm,39mm);
\coordinate (YY) at ($(ZX)!1.5!(YB)$);
\coordinate (ZZ) at ($(YB)!2.5!(ZX)$);
\draw[blue!20,very thick] (ZZ)--(YY);
\draw[red!20,very thick, rotate around={90:(ZX)}] (157mm,104mm)--(249mm,39mm);%It works
\draw[red!20,very thick, rotate around={-90:(ZX)}] (ZX)--(YB);%It doesn't work
\filldraw[white] (ZX) circle (2mm);
\filldraw[white] (YB) circle (2mm);
\end{tikzpicture}
a working example
\documentclass{minimal}
\usepackage{tikz,tikz-3dplot}
\begin{document}
\tdplotsetmaincoords{70}{115}
\begin{tikzpicture}[scale=4,tdplot_main_coords]
\pgfmathsetmacro{\rvec}{.8}
\pgfmathsetmacro{\thetavec}{30}
\pgfmathsetmacro{\phivec}{60}
\tdplotsetrotatedcoords{\phivec}{\thetavec}{0}
\coordinate (O) at (1,1,1);
%these 2 lines overlap
\draw[thick,->] (O) -- (0,.5,0);
\draw[thick,tdplot_rotated_coords,->] (O) -- (0,.5,0);
%these 2 lines dont overlap
\draw[thick,->] (1,1,1) -- (0,.5,0);
\draw[thick,tdplot_rotated_coords,->] (1,1,1) -- (0,.5,0);
\end{tikzpicture}
\end{document}

\includegraphics, which is not required to show the problem and prevents the compilation of your code (since we don't have thejpg). Also, add the minimal preamble to transform that code into a MWE. – JLDiaz Jan 23 '13 at 16:12