I've kinda gone by feel really, but basically I try to follow the flow of the bars to the hoods and keep the tips of the levers from sticking out. The tops of the hoods should point back just a hair, just to the point were you can ride on them comfortably, but not too inboard. I also like to be able to just hook my index finger over the end of the lever if I am back on the "flats". As deacon said, ride them for 10 or 20 miles before you wrap the bars; move'em around a little til they suit you. Also, just me, but I swap the right & left levers so that the tip of the lever drops doen rather then up it's a much more natural position, the downside is that the cable housing exits the lever on the top side of the bar rather then the bottom, but it's very close to the stem in a place were you don't put you hands much.
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