1 John 2:20

But ye have an unction from the Holy One. Ye are anointed with the Holy Spirit. Christian means an anointed one; Anti-Christ would mean against the Anointed. Hence John reminds them that they have been anointed by the Holy One.

And ye know all things. All things needful to guard against these opposers and seducing teachers. It is the privilege of those who have this anointing to know Christ experimentally (Joh 14:22,23).

1 John 2:27

But the anointing which ye have received, abideth in you. See 1Jo 2:20. This anointing is spoken of because it furnishes them a means of guarding against the false teachers and seducers. The passage does not teach a continuous revelation, or that we are to be led by the inner light, but that God has given us means of knowing whether men speak the truth.

Ye need not that any man should teach you. There is another fountain of knowledge so that ye need not the aid of these opposing teachers.

As the same anointing teacheth of you all things. The Holy Spirit bestowed upon you. It was the promise of Christ that the Spirit should "guide you into all the truth" (Joh 16:13). The Holy Spirit was thus imparted to the apostles and through them spiritual gifts were imparted everywhere in the early church. Among these gifts were wisdom, knowledge, prophecy, and discerning of spirits. These extraordinary gifts continued until the Holy Spirit had prepared the New Testament to guide the church (1Co 13:8). Now we have the Word of God, which the Holy Spirit has given us, and the presence of the Spirit with us to fit us for understanding. The word and the unction still teach us all things.
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