No, that set up does not look right to me. You might see the hoods higher than saddle on touring or city bikes (a la the "French Fit," though even then it's usually at or sligtly below saddle level) , but not on a bike such as yours. Plus, the downward saddle angle is just wrong. I'm about your height (5'11") and also have long torso/short legs, but would not want to ride your bike for very long. If that were my bike, I'd start by flipping the stem, leveling the saddle and tilting handlebars forward. Start with a minimal saddle-to-bar drop, and lower as your comfort/flexibility allows. Oh, and ask for a refund from that fitter.