You really need to read the entire passage if you want to put this quote in context. If you want to parse and snip you can easily misinterpret the meaning of anything.
All cults dealt with in my studies depend on the one they are communicating with DOES NOT KNOW the bible very well.. or is indoctinated out of context..
And it appears not a few mainline churchs do this too.. Amazing to me that some believers appear have more belief in thier "church or tradition" than in the Lord himself.. In my experience it looks like an excuse to remain LAZY in seeking the Lord.. The Jews did that with their "Talmud".. Some christian "churchs" too have a kind of "Talmud"..
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Talmud = A few teachers opinions about scripture and also some other teachers opinions about the first set of teachers opinions..
Of course. What is there in the wider context that you think needs to be considered? I discussed the Real Presence disputation on this thread at length. Want to do it again? You know where to find me.