An improved technique for direction-of-arrival estimation of temporally correlated signals in the presence of spatially colored, but temporally uncorrelated, noise is presented. The method is particularly suited to applications in which the receiver bandwidth exceeds that of the emitter signals. A statistical performance analysis shows that the method nearly achieves the deterministic Cramer-Rao bound if the signals are sufficiently predictable. A Monte Carlo experiment suggests that the theoretical estimation error variance well predicts the empirical mean square error down to the threshold region.