I just pulled my Yamaha off the stand and got about 2 bars into a song before I realized something was horribly wrong with the action. Upon further investigation, my truss rod was sticking out the bottom of the neck about a 1/4" - 1/2" inch and was also very easy to move from side to side. Normally, it's about 1/4" - 1/2" up into the neck so this is obviously not good. I slackened the strings off to the point where they're now pretty much lying on the fretboard, and gave it a couple clockwise turns (a lot I know, but it's out *a lot* right now). The rod still moves a fair bit from side to side although not quite as easily as before the couple turns I gave it. I've left the strings slack for now as I'm not sure what's wrong with it and if the rod is totalled I figure this is the best way to avoid permanent warping of the neck... Do you think the rod has snapped somewhere? Or is it possible that it could've just slipped? I lent it out Saturday night so I suppose it could've been dropped or something... Thanks, any information or advice is muchly appreciated.