What is he thinking?

PokerStars Game #23654185921: Tournament #132312867, $11.00+$0.50 Hold’em No Limit – Match Round I, Level I (10/20) – 2009/01/07 8:02:46 CET [2009/01/07][2:02:46][ET]
Table ’132312867 1′ 2-max Seat #2 is the button
Seat 1: Teh Jinx (1490 in chips)
Seat 2: PhilIvey504 (1510 in chips)
PhilIvey504: posts small blind 10
Teh Jinx: posts big blind 20
*** HOLE CARDS ***
Dealt to Teh Jinx
PhilIvey504: raises 40 to 60
Teh Jinx: calls 40
*** FLOP ***
Teh Jinx: checks
PhilIvey504: bets 100
Teh Jinx: raises 160 to 260
PhilIvey504: calls 160
*** TURN ***
Teh Jinx: bets 280
PhilIvey504: raises 360 to 640
Teh Jinx: raises 530 to 1170 and is all-in
PhilIvey504: calls 530
*** RIVER ***
*** SHOW DOWN ***
Teh Jinx: shows (two pair, Nines and Eights)
PhilIvey504: shows (high card Ace)
PhilIvey504 is sitting out
Teh Jinx collected 2980 from pot
*** SUMMARY ***
Total pot 2980 | Rake 0
Board
Seat 1: Teh Jinx (big blind) showed and won (2980) with two pair, Nines and Eights
Seat 2: PhilIvey504 (button) (small blind) showed and lost with high card Ace