Caporegime
No, that is not correct. You do not go that low when deadlifting - the deadlift is not a squat with the bar in your hands.
Starting position should look a little like this, but can vary slightly depending on your proportions. But under no circumstances would you be anywhere near as deep as a squat:
http://www.realfitnessblog.com/wp-content/uploads/2009/04/deadlift-234x300.gif
Taller folk will struggle with that though. My thighs are closer to parallel than in that pic (6'2"). I don't mean right next to parallel, I just mean not at the 45 degrees as per the pic
![Smile :) :)](/styles/default/xenforo/vbSmilies/Normal/smile.gif)
Mark Rippetoe's DL vids are well worth a mention here
![Smile :) :)](/styles/default/xenforo/vbSmilies/Normal/smile.gif)