Its Static. The proof of its static positioning.
The HTML:
The CSS:
div.position
{
width:100px;
height:100px;
background:red;
left:10px;
top:100px;
position:static;
}
div.noposition{
width:100px;
height:100px;
background:blue;
left:10px;
top:100px;
}
It shows that Two divs with separate classes, one without any positioning and one with a static position, positions both the Div's as static.