Gloria, since nobody answered you, here is the answer but it won't make you happy. ET's best tape reader was Jack Hershey. RIP (and yes, he is still an ET member in the heavenly trading offices) Now what do you do with that info?
They were all posting prior to 2005 and discussing general info about how they use Bid/Ask screens, level II, times & sales. There were about 10 of them and none of them post here at ET any more.
Did he talk about tape reading? I read some of his stuff but I cannot recall he mentioned tape reading.
Some of them said that tape reading is dead. The one I talk about traded mainly Equity. Since there's no specialist anymore.
Yeah, that's what's being said today. I found several good conversations about how they were using Bid/Ask screens and one thread there's good instructions about such and book references. Things seem to change dramatically after some rule changes like decimalization and then hft/algo growth killed most of it...tougher these days for those still trying to use that stuff with all the games (spoofing and layering) being played along with the tremendous growth in "dark pools" that allows most of the trading to occur not at the exchange in which buy/sell orders are matched anonymously (public can't see it until after the order is executed). Then came the pinging stuff that many started complaining about... Tough for traditional tape readers to compete with. Regardless, the old threads back then had a lot of instructional value by those guys.
If I remember well, this thread was good. http://www.elitetrader.com/et/index.php?threads/reading-the-specialist.3282/
If by "tape reading" you mean tracking the course of price movement to determine whether buyers or sellers are in the driver's seat, one of the best was DbPhoenix, but he doesn't post here anymore. LC
Db doesn't do tape reading. In fact, he's on record several times in stating he doesn't care much about it. ...I don't much care about the bid and ask or about T&S...