Abstract: The present invention comprises a writing instrument of rod-like conformation such as a pen or pencil, the instrument being adapted to pivot medially of its length about a pivot pin to alow the forwardmost writing portion of the instrument to be rotated through a 180 degree angle and received within a housing cavity formed in the rearmost handle portion of the instrument. In use, the present writing instrument can be utilized in the manner of a typical pen or pencil, that is, as a straight rod-like writing instrument, the present writing instrument being alternatively utilized by disposing the two portions at an angle to each other while in use.