Our Boxing Day clash at Southampton represented the half-way stage of the Premiership campaign and we're tucked in nicely in seventh place.
Unfortunately, players and management alike know it could be better after successive defeats against Ipswich Town and Southampton jolted our fine progress to date.
In recognising that disappointment, club captain Teddy insists we can still be optimistic.
Teddy explained: "I think we're steady, in a nice position but if you look at it at the moment we're a little disappointed because we've had two disappointing results where if we win, we're in a good position.
"But at the half-way stage, I think we've got to be quite pleased and optimistic for the future.
"We had a lot of new players come in at the start of the season, new management from the back end of last year and it could have been an uphill start.
"But looking at it from a positive situation we're in a nice position to have a push now.
"That's what it's about, getting yourself in a position at this time of year to make that push.
"It could be worse, we could be 13th, 14th after an unsettled start and having to look at a bleak new year, but we're in a decent position.
"Even though we've had a couple of disappointing results it's a nice position to be in.
"Having said that, we need to pull our fingers out a bit to keep ahead of the pack and get into the next pack."
Teddy said the current low was all down to increased expectation.
"You have some good results and people expect more and we do as well," he added. "That's why we're so disappointed.
"We know we can do it and that's what we have to get back to, the level of consistency that we showed in different patches earlier in the season."
As for his own season, Teddy has made a mockery of anyone doubting that a 35-year-old might not last the pace by starting all-but two of our 23 games having missed the first game of the season and coming on at half-time in the other.
"I feel fit," he said. "I'm 35 and it's not as if I'm 45. I feel good at the moment and that's down to the other players as well.
"We're playing well and all looking after each other.
"We've fallen below our standards in the last couple of games but it's been enjoyable football and when you are enjoying it, you can run that little bit further."
Teddy Sheringham says we can be satisfied with our position at the half-way point of the season.