This launch attempt occurred at LDRS X in 1991, at the Black Rock desert in Nevada. It looks like the nozzle blew out on the motor, so a lot of thrust is lost. This video also shows what NOT to do in this situation. Since this is a 2-stage rocket, the 2nd stage could ignite at any time. You shouldn't approach the rocket until it is safe. When it appears to be safe, the rocket should be pointed away from people. However, you should NOT pick the rocket up in order to do that. The 2nd stage could ignite at any time.