???? I missed it before but that makes absolutely no sense. You can't separate the positive and negative alternations of a signal with a cable any more than you can have a magnet with one pole.
He's not talking about the positive and negative alterations of a signal. He's talking about the shield. Specifically, a shield covering a pair of conductors.
With such a cable, you can either connect the shield to one end or both ends. If it's connected to both ends, then the shield carries some of the signal current. If you connect it at one end, it's not, however it still provides shielding. It's sometimes referred to as a "telescoping shield."