thats a blown shock, done it twice,
almost cried the first time it happened,
oil everywhere on the front of the quad, and got on the motor causing tons of smoke
thought i fried my 8 month old 96 blaster, replaced under warranty
second one happened 1 month after the 2 year warranty ran out, and they wanted $182 for a new replacement,
i got brand new "works steelers" for $250, back in '98,
of course this was well before i knew of ebay
if funds are limited find a cheap stock replacement, or a banshee set on ebay
if you really wanna improve the handling of that blaster, find some "works" set up for your weight, usually under $200 for the set, used