I have a 93 VL 2.2 4cyl engine... Whenever the car is cold started, if i try to turn the steering wheel to the extreme left or extreme right the one of the pullys start shreaking... but once i give it some gas, or once it warms up it wont do it... 
i also noticed that when im in gear and get between 3000 - 3200 RPMs i hear it shreaking also (and this does it everytime, cold or warm), but not above or below that RPM and not when im out of gear and reving... 
I wanna say power stearing pully... the belt is like 6 months old, and i know the difference between belt whining and the metal to metal grinding sound a pully makes.... 
None of the local auto part stores can get the pully, and im not getting one from a junk yard cause that could potentially put me right back in the same place... this means i have to go to the dealer if i want to get the part locally... so before i spend an @$$ load of $$$$ on dealer markup, i'd like a second opinion or other alternatives to try... (and that way too i can pull the belt off once... do every diagnostic i can think of then... so i only have to pull the belt off once)
thanks
 
 
Sounds like a weak belt tensioner to me.  At this point the belt is probably bad too.  Pulleys usually don't go "bad".  Just a suggestion, Good Luck.
 
Belt tensioner bearing is worn out causing the pulley to sit sideways a little.  Fix it now before it starts throwing the belt.
 
 
um, check your power steering fluid. the pump will make a wining noise simular to a belt squeek when you are on the steering locks. 
 
 
i know the power stearing fluid is fine... i flush it every 30k, and just did about 10k miles ago (at 150,000) 
The tensioner is only 18 months old... but i'll look in to that...
If i spray lithium grease anywhere on the PS pully (Not nessiceraly on the belt track but also in the middle where it connects with the PS Pump) , the squeel stops... even at extreme lefts and rights... but that only lasts for maybe an hour or two..
thanks for the advice... imma look at both (tensioner/belt and pully) when im at work tomorrow...