I have had this ticking/squealing noise on my 97 and just cannot locate the noise. It sounds like a squealing belt or bad bearing. I removed all belts (alternator, power steering) and turned the car on, and the noise was still there. I pulled the timing cover and noticed one of the bearings on the tensioner pulley was bad, so I replaced both the idler and tensioner pulleys and timing belt with a very good kit and the noise came back! It is very loud especially when the engine is cold and sounds like a metallic rapping/tapping sound and squealing. My only two options left (that I know of) are the water pump and harmonic balancer. It sounds to me to be coming from the balancer, any ideas what the symptoms are of a bad balancer, or any suggestions about other possible causes, please help me out.
THANKS
THANKS