No Ramos should not be #1 atleast not until Carter loses again . I also think you'll see Kelly and Gambrall fall down if not out of the rankings, telford and lofthouse will drop out of the top ten as well, although lofthouse may hover around 10 I don't think he'll be in the top 8 as he was in most rankings.
On a side note, that midlands loss could very well haunt ramos, the only real challenge Carter will see curently is Jan 27th against #11 Keller (OK) which should allow him to go into ncaas top seed (debateable i know but stay with me). While if Ramos can remain undefeated through the rest of the big ten regular season and tournament (steiber, dardannes or thorn, quierroga, ) and national duals he would still likely draw a 2 or 3 seed with Oliver drawing the other 2 or 3 seed. Which, if this holds true, means he to will have to go through Oliver just to make finals, and I know "he's gotta see him eventually" but the team point difference in seeing him in the semis and finals is crucial in this team race