We derive general relationships between the observed timescale of diffracti
ve interstellar scintillations and the physical velocities of the observer,
the source, and the scattering medium. Our treatment applies exclusively t
o saturated scintillations of point sources in the strong scattering regime
. We show how scintillation observations may be combined with other observa
bles (groper motion and dispersion measure) to yield (1) improvements in ga
lactic models for the free-electron density and (2) estimates of the distan
ce and transverse velocity of individual pulsars. We explicitly consider ca
ses of current astrophysical interest, including hypervelocity pulsars too
far above the Galactic plane to allow distance estimates from dispersion me
asures alone. We also briefly consider scintillations of extragalactic sour
ces, including gamma-ray burst sources at great distances from the Galaxy.