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You make a good point about the behavior of campaigns.
A couple things to think about:
1. This is not the last second, yet the Hillary campaign is pumping up her polls. That suggests a lot of worry on her part.
2. I don't know about Hillary's ad spending in swing states, though I've heard she has suspended ads in Colorado. But I've heard it said that she has increased ad spending in what should be safe states...blue states. If that is true, that is a very bad sign.
On the bolded from past election memory it likely means she has colorado in the bag, and the states she is pumping money into she is either losing or is barely ahead and it is too close for her to take a chance.