Launched with internal video camera.  Rocket veered almost immediately after leaving launch pad, flying towards the southeast.  Parachute deployed, but detatched from the rocket and drifted down by itself.  Parachute was undamaged and located about 75 yards southeast of the launch site.  Searched for 45 minutes, but unable to find rocket.  Located complete rocket and functioning onboard camera the next afternoon after 45 minute search.  Rocket tube bent seirously enough that rocket will be retired instead of risking another flight.