That is not the meaning of what this great trend follower says, imo:
"A trend is a general drift or tendency in a set of data. All measurements of trend involve taking a current reading and a historical reading and comparing them. If the current reading is higher than the historical reading, we have an up-trend. If lower, we have a down-trend. In the improbable event of an exact match, we have a sideways trend ... There is no such thing as a current trend. When we speak of trends we are necessarily projecting our own definitions. With that in mind, we can proceed to examine ways to define, compute and use trends." Ed Seykota, from the very same web page marketsurfer from which selectively quotes above.
Your interpretation, no doubt, originates in his phrase "When we speak of trends we are necessarily projecting our own definitions." However, accepting that this is so is, imo, a necessary (though not sufficient) condition for one being able successfully to understand, use, and profit from technical analysis.
And any technical analyst who does accept the degree to which we are projecting our own definitions and constructs onto the market will happily agree that though one identifies a trend from price level A to price level B, that the analyst can with no certainty say that price will therefore continue to price level C. That is why we use stop losses. Or, as Ed Seykota says, "The trend is your friend except at the end when it bends."
Indeed.
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