HemmingWay Modification

Hemmingway, by default, displays two posts:

<?php
// Here is the call to only make two posts show up on the homepage REGARDLESS of your options in the control panel
query_posts('showposts=2');
?>
<?php if (have_posts()) : ?>
<?php $first = true; ?>
<?php while (have_posts()) : the_post(); ?>
<div class="story<?php if($first == true) echo " first" ?>">
<h3><a href="<?php the_permalink() ?>" rel="bookmark" title="Permanent Link to <?php the_title(); ?>"><?php the_title(); ?></a></h3>
<?php $hemingway->excerpt() ?>
<div class="details">
<?= _('Posted at') ?> <?php the_time('ga on ' . $hemingway->date_format(true) . '/y') ?> | <?php comments_popup_link('no comments', '1 comment', '% comments'); ?> | Filed Under: <?php the_category(', ') ?> <span class="read-on"><a href="<?php the_permalink() ?>">read on</a></span>
</div>
</div>
<?php $first = false; ?>
<?php endwhile; ?>
</div>
<?php else : ?>
<h2 class="center">Not Found</h2>
<p class="center">Sorry, but you are looking for something that isn't here.
<?php include (TEMPLATEPATH . "/searchform.php"); ?>
<?php endif; ?>

I need to modify this so that it displays the first post (the oldest) in the blog, then displays the newest post. Anyone have any suggestions?