TITLE: The Accurate and Precise Estimation of Velocities and Associated Uncertainties in Solar Image Sequences Modern controversies in solar physics demand a statistically robust technique for determining the ``optical flow'' perpendicular to the line of sight from a sequence of solar images. Local Correlation Tracking (LCT) is the de-facto standard for estimating optical flow in solar image sequences. However, this technique has many documented limitations. Perhaps the greatest limitations of LCT are the absence of demonstrated accuracy, precision and a quantifiable local uncertainty associated with the velocities derived from this technique, and the introduction of artificial scales. I will present a new technique that represents a generalization of established wavelet interferometric techniques to the multi-point data represented by solar image sequences. The new technique determines the velocity field based on a statistically robust estimate of the local group velocity of fluctuations. The analysis is localized in space through a wavevector k(x,w,t) determined by spatio-temporal analysis of each individual pixel over the entire image sequence. The temporal spectral analysis is localized in time using the time-frequency localization properties of the Morlet wavelet transform which provides an optimal balance of temporal and frequency localization simultaneously. The velocity field is computed from the mean of the phase velocity w/k averaged over all frequencies. The variance provides a statistically robust uncertainty for this estimate. The magnitude of the variance directly indicates when the local spectral components are moving with the same velocity, i.e., the group velocity. The technique identifies when the concept of a local velocity is correct, and can be extended to analyze turbulent situations where it is not correct. This tool will be applicable to estimating differential rotation, surface flows of meso- and supergranuls, helicity injection, the convective structure of an emerging flux region, systems of sunspots and pores, and many other solar phenomena. This work Supported by ONR