Top-two pair against reraise... what should I do?

[GlemZurg]

Can someone give me some insight onto how I should play the situation below?

Thanks,
Justin

Paradise Poker No-Limit Hold'em, $0.10 BB (8 handed)

GlemZurg ($9.00)
CO ($20.23)
Button ($9.20)
SB ($9.80)
BB ($10.97)
UTG ($12.10)
UTG+1 ($9.35)
MP1 ($16.57)

Preflop: GlemZurg is MP2 with K[img]/images/graemlins/heart.gif[/img], J[img]/images/graemlins/spade.gif[/img]. SB posts a blind of $0.05.
UTG calls $0.10, UTG+1 calls $0.10, MP1 calls $0.10, GlemZurg calls $0.10, <font color="666666">1 fold</font>, Button calls $0.10, SB (poster) completes, BB checks.

Flop: ($0.70) K[img]/images/graemlins/diamond.gif[/img], J[img]/images/graemlins/diamond.gif[/img], 5[img]/images/graemlins/spade.gif[/img] <font color="blue">(7 players)</font>
SB checks, BB checks, UTG checks, UTG+1 checks, MP1 checks, <font color="CC3333">GlemZurg bets $0.7</font>, Button calls $0.70, SB folds, BB folds, UTG folds, UTG+1 folds, <font color="CC3333">MP1 raises to $1.4</font>, <font color="red">GlemZurg ???</font>

[B1GF1SHY]

I call. You have position on him so see what he does next. If another diamond comes, I'll call down unless the bets are too big. If a blank comes I'll raise his turn bet or bet out if checked to again. If he reraises the turn I'll fold, and most likely check the river if checked to. I most likely see him holding K5, J5, or KQ, I think he'd raise the turn instead of the flop with a set of 5's and I doubt he has JJ or KK.

[GlemZurg]

Thanks that's very informative. I ended up reraising (but didn't feel comfortable about it afterwards).

Justin