2001 Mitsubishi Diamante Squealing

2001 MITSUBISHI DIAMANTE
6 CYL • FWD • AUTOMATIC
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SWEHNER
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When accelerating in the lower two gears of my 2001 Mitsubishi Diamante, I hear a loud, rotational squealing noise from the right side under the hood (adjacent to the right-front tire). However, when the transmission up-shifts the 2nd time, the squealing instantly disappears. It has gotten progressively worse over the last couple weeks, and I've also started smelling a slight burnt rubber smell from time to time. It seems very likely to me that a belt needs to be adjusted and/or replaced, but if so, which one?
Mar 1, 2011 at 4:59 PM
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DOCFIXIT
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Noises had to diagnose without being at car. Have you opened hood and inspected?
Mar 1, 2011 at 5:06 PM
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SWEHNER
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It has been difficult to catch it making the noise in park, but the one time I have caught it so far, the squealing was loudest right next to the washer fluid reservoir (red circle in picture).
Mar 1, 2011 at 5:40 PM
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DOCFIXIT
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Circled Alternator maybe bearing starting to fail. How old is belt?
Mar 1, 2011 at 5:42 PM
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SWEHNER
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The belt just got replaced in september of 2010. Is it time for a new alternator?
Mar 1, 2011 at 5:58 PM
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DOCFIXIT
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Try turning on lights ,A/C wipers ect to load ALT if it starts to squeal then yes Alt going
Mar 1, 2011 at 6:01 PM
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SWEHNER
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I can't get it to make the noise now, even with the wipers/lights/stereo/AC all blasting. Seems like it'll only do it on a cold start.
Mar 1, 2011 at 6:11 PM
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DOCFIXIT
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If it is charging and makes noise once and awhile run with it.
Mar 1, 2011 at 6:29 PM
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SWEHNER
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all right--I appreciate the help
Mar 1, 2011 at 6:31 PM