$16 1010 raise or call preflop?

[mortimo]

If not, in what position should we make a raise?

PokerStars Tournament, Big Blind is t30 (9 handed) Converter on pregopoker.com

UTG (t1570)
UTG+1 (t1635)
MP1 (t1475)
Hero (t1445)
MP3 (t1995)
CO (t1255)
Button (t1350)
SB (t1280)
BB (t1495)

Preflop: Hero is in MP2 with T[img]/images/graemlins/spade.gif[/img] T[img]/images/graemlins/club.gif[/img]
<font color="gray">UTG folds</font>, <font color="gray">UTG+1 folds</font>, MP1 calls t30, <font color="red">Hero raises to t120</font>