sej,
I also had a similar problem with my Yammie trim. I asked my mechanic about it and he said the loud squeaking/screeching is usually caused by low fluid in the motor. When I opened up the fitting on my trim motor, it let out a hissing noise from the air escaping out of it. It wasn't low on fluid so I screwed the fitting back in. Needless to say it hasn't made that noise since.
Hope this helps. Let us know the outcome.
seabass