12 years on a rebuilt hydraulic system is a long time. Agree with the others who say to try and crack a bleeder screw and see if the pressure leaves, but most likely you need to take er apart and rebuild it again.
Not sure about your neck of the woods, but hydraulic components are dirt cheap these days. Wheel cylinders run around $30-35 each. A Ford master cylinder is about the same price. Unfortunately not the same deal for the chev master cylinders at this point in time.
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