I simply do not read it that way, but I can see that is what it says.
That is just very poor wording, however given the horizontal rings the tie the vertical bars together, I would expect it does have 20' of bar in the horizontal orientation. When this section was rewritten for the 2011 code, the language was changed without any technical substantiation, looking at the proposal, it was not the intent to remove the language that appeared in the 2008 code.
But the actual language does say what you say....just not going to enforce it that way around here.