[SossMan]

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i don't like it. there are A LOT of hands that a loose player could have easily called (but not raised) in the BB that have you beat here (Ax, KJ, QJ). Even if you aren't beat already, what do you do if a diamond hits the turn? remember, you aren't pushing him off a marginal hand and he's already told you he has something. is middle pair/weak kicker the hand you want to go to war with?

i fold and wait for him to pay me off when i have a real hand.

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I agree, it's very possible that I'm beat here. It's also possible that he has a middling pair looking to see if it's best or a flush draw trying for a cheap card or J9/J8 or QT, KQ etc...
What really screws w/ me on this hand is where I leave myself by folding (the blinds move pretty quick in this tourney, 15 min).

I folded and he didn't show. It just felt so weak at the time.