If it only squeals when it is first started, then it is most likley the alt/p.steering belt. The alt charges hard at first to put back into the battery the current it took to start the engine.
Or as Matt says, the harmonic balancer rubber, from the same cause. 
Harvey. 
__________________
One Arm Bloke.
Tell it like it is!
95 Lsi. Bordeaux Pearl, Aust. RHD.149,000Kls Subaru BBS wheels.
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04 Liberty 30R Auto Premium. 92.000kls.
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