98 GT Auto squeels like a scalded ape!!!

Here's my problem. My engine is making a god awful whinning noise. Sounds like a bearing in one of the pullies. As I was checking it out yesterday I thought I narrowed it down to the tensioner pulley. Here's why: While the engine was running and making the whinning noise I pushed a sticked down on the tensioner to relieve tension and the noise stopped. Also, when I sprayed oil directly in the tensioner pulley, where the bearings are at, the noise stopped. And finally, when I took the belt off the tensioner pulley itself had about 1/16 of an inch play in it(would wobble a bit when i moved it around). So I thought I had it nailed down. Last night I replaced the tensioner pulley itself(not the whole assembly with the arm, just the pulley),
well, that did not fix it so I'm completely clueless of what it could be.
I did wash my engine the night before this started happening and I do have the steeda pulleys installed(but they have been on for quite some time)
If anyone can offer any suggestions on this I would appreciate it, kind of embarrasing driving around with the car making all that racket.
Also, I forgot to mention. After the car warms up the noise is not present at idle, only acceleration. The belt is only about a year old as well. Thanks for any help guys.
 
For what it is worth. I too had a nasty squeel once. It was the a/c compressor bearing disintigrated. I was under warranty at the time. I suggest looking at all the other pully bearings to make sure they didn't fail.
 
OMFG, my 98 is doing the same dang thing yours is doing. Mine does it when you first start it when it's cold. It squeals like MOFO. My noise I think is from the tensioner pulley or the AC comp. Really sounds loud near the AC comp. ( I thought my compressor was going out, but I'm not using my AC.... :shrug: Didn't mean to take away from your thread, I just noticed your having the same problem as me.