Yes, I know -- as the Trains explanation says, red indicates the end of the train, so is displayed on the last car, which would be the caboose of a freight train. I think this is the general rule, with exceptions specific to different railroads. There are always exceptions of course so, as you point out, one should read the rules of a particular railroad in a particular era in order to be 100% accurate. But I guess I would still say that in general for a model caboose on a typical generic model railroad, the markers should display red.
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