High trap speeds are an indication of the power being made. As you increase vehicle power output, Trap speed should increase. All things being equal. Generally speaking it takes 10-15 hp to add every additional mph. If a vehicle exhibits high trap speeds but a comparatively bad E.T. is generally an indication of bad traction or launch.
Some vehicles will have a great E.T. but a relatively slow mph. Usually this happens with a very light weight vehicle that is not making as much power as a heavy vehicle that runs the same E.T. since it takes less horsepower to move the lighter car, gearing, higher stall speeds on autos, better traction, weight transfer and a few other variables can affect this.
An example of quick E.T.'s but slow mph would be junior Dragsters that can run high 7 second 1/8 passes but only make speeds around 75-80 mph. A stock SRT 8 on the same track can run low 8's but trap 87-89 mph!