Manager Mick McCarthy claims Wolves can be content with their points return at the midway point of the season.
McCarthy was unhappy after losing 3-0 at home to Manchester City on Monday night.
He was particularly aggrieved with City's second goal in the 69th minute after claiming that Craig Bellamy was offside in the build-up to Javier Garrido's strike.
But after amassing 19 points from 20 games so far this season, McCarthy claims that 16th-placed Wolves can be proud of their efforts.
"If you had said after the Birmingham game a month ago that we would have the points we have got now then we would all be happy," he said.
"We weren't really expected to get points from sides in the top six and we have to pick up points against the teams we are expected to pick up points from.
"I know that sounds ridiculous when you've lost 3-0 but we played as well with the ball as we have done for a long time.
"In the first half we were excellent and in the second half, up until the second goal, we were giving them problems."