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I have a 2003 sable, and had the same probelm. By looking at the owner's manual, I found at that it was and indicator that something is possible wrong with the transaxle and if it continues flashing, your car needs checked. Mine flashed for a couple of hours but as soon as I restarted the car, it hasn't been back on since.

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Q: What does a flashing orange circle with an exclamation point inside of it mean on a 2001 mercury sable?
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