No, we are elected in Christ. Reformed theology doesn't place election "outside of Christ" as you put it. We are elected in Christ as Ephesians 1:4 says.
and the bolded part is a contradiction. either you have been elected or you have not been elected. If God chose you before the foundation of the world(regardless of conditional or unconditional) then you were elect or not elect. You and I are both Christians, so we were both elect. We were always elect. Whether God elected based on your decision or not doesn't change when you became elect.
Well, I could show you quotes by Calvin himself, and other authors like John MacArthur that says otherwise. You Cals say I misrepresent you, I do not. I spend more time reading reformed authors and none reading non-reformed because I want to understand the position. What I am saying is true.
Edit - Here are some statements from John MacArthur on election
God didn’t draw straws; He didn’t look down the corridor of time to see who would choose Him before He decided. Rather, by His sovereign will He chose who would be in the Body of Christ. The construction of the Greek verb for “chose” indicates God chose us for Himself. That means God acted totally independent of any outside influence. He made His choice totally apart from human will and purely on the basis of His sovereignty.
As you see, MacArthur denies that a person is elected or chosen because of foreseen faith. But we know that election is according to foreknowledge (1 Pet 1:2). Even a Calvinist must admit that God saw something in the future that determined who he elected. You can deny that is is faith, but it must be something.
Some are shocked to find that God didn’t choose everyone to salvation. Jesus said, “And this is the will of Him who sent Me, that of all that He has given Me I lose nothing, but raise it up on the last day” (John 6:39, italics mine). God the Father chose certain individuals to form a Body as a gift to Jesus Christ. Every believer is part of that love gift to Christ—a gift of the Father’s love to His Son.
As you can see here, MacArthur says you are chosen or elected outside of Jesus and then given to Jesus as a gift. If you were chosen "in Christ" this could not be so.
And this is the problem, saying that God chooses someone outside Christ implies some sort of merit in the elect. He had to have some reason to choose certain man, for God is never without reason. And the scriptures clearly say we are elect according to foreknowledge, so there must be something about the man God knows that determines who he will elect and give to Jesus.
The non-Cal view is very different. We see Jesus alone as being God's "Elect". Jesus is the chosen one. However, when we believe on him we are joined into his Body. We are one with him. Now we are elect because we are a member of his body, not because of any merit of our own. Do you see the difference? It is a HUGE difference.
Source
http://www.biblebb.com/files/MAC/GTYW02.htm