As for you, the anointing which you received from him remains in you, and you don't need for anyone to teach you. But as his anointing teaches you concerning all things, and is true, and is no lie, and even as it taught you, you will remain in him.

 It may well be that we do not need to choose between these two interpretations and that they are both present. This would mean something very valuable. It would mean that we have two tests by which to judge any new teaching offered to us. (i) Is it in accordance with the Christian tradition which we have been taught? (ii) Is it in accordance with the witness of the Holy Spirit speaking within? 