Joined: Mar 2007
Posts: 9,212
Likes: 5,422
From: SF Bay Area, East bay
Bikes: Miyata 618 GT, Marinoni, Kestral 200, Soma double cross 2002 Trek 5200, KHS Flite, Koga Miyata, Schwinn Spitfire 5, Mondia Special, Univega Alpina, Miyata team Ti, Santa Cruz Highball, Waterford rs11
Yes, it could be backward, or a spacer misplaced? Wouldn't hurt to take it off and check. Does the middle ring have any ramping to it?