Pictures and match analysis of Wolves 1 Nottingham Forest 2

[gallery] Just for once the Wolves fans might be agreeing with Jez Moxey.

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Just for once the Wolves fans might be agreeing with Jez Moxey.

The club's chief executive warned before the season started that things might get worse before they get better.

When the team had won five games out of six to go third in the Championship on October 6, people may well have thought that Wolves' senior officer was being unreasonably cautious.

But after Saturday's result followed another abject second-half fade-out, few could argue against him.

On a day when the club's impressive museum opened to the public, the key moment of quality on the pitch came from Wolves' past, Adlene Guedioura, who smashed home a winner he classily refused to celebrate.

Eight games without a win, Wolves must be hoping their depressing run has bottomed out because the fans can't take much more of this.

And ,as Molineux echoed loudly to a chorus of boos at the final whistle on Saturday, the smart money is many will vote with their feet tomorrow night against Millwall.

It's easy to understand why. What isn't is why we saw such a limp performance after the break again.

Just like against Bolton and Charlton, Wolves simply didn't turn up for the second-half. Forest goalkeeper Lee Camp didn't have a single serious save to make.

Wolves' only on-target effort was a weak header straight at him by Bjorn Sigurdarson, by some distance their best player.

After the battling spirit and tempo with 10 men against Brighton and Watford, it was back to the turgid, tippy-tappy cul-de-sac football we saw in the second halves against Bolton and Charlton.

A pedestrian-like team bored their way through their equal worst 45 minutes of the season, every bit as bad as Cardiff and Burnley away.

The supporters need more evidence on the pitch to convince them it's going to happen.

Because what we saw after half-time on Saturday was unacceptable, and it was to their credit that by and large, the Molineux masses kept the booing to the final whistle.

Yes, Wolves do dominate possession at times – they also give the ball away frequently but get away with it because Championship teams give it back to them in equal doses.

There was no-one to split the defence with an incisive pass after Jermaine Pennant's deflected one put Sigurdarson through to give Wolves a sixth-minute lead.

That should have been the cue for a welcome return to winning ways; instead they lost a lead for the sixth time in nine home games this season, which has cost them a staggering 14 points.

Much more of this and Wolves will be talking about relegation, rather than promotion. More than a third of the way through the season and they're as close to the relegation zone – seven points – as they are away from the final play-off place.

Not for the first time, they gave themselves the perfect start with a goal of some style, Pennant threading Sigurdarson through with a pass deflected off Simon Gillett for a cool finish for his first Molineux goal on his first home start.

Fragile confidence was eroded within 10 minutes of the opener, however, when one-time Wolves target Billy Sharp slotted home after the defence appealed in vain for offside from Henri Lansbury's superb through-ball.

That rocked Wolves and they endured a sticky 15 minutes or so when Forest should have scored two more, Sharp and former Albion striker Simon Cox blazing over.

But Wolves returned fire as Dave Edwards and Sigurdarson were denied by Danny Collins and Camp, while Carl Ikeme kept out Lansbury's effort after he danced his way past two flimsy challenges.

Wolves were applauded off at half-time after an acceptable first-half display. But if fans thought they were in for a repeat of how their team began the game following the restart, they were sadly mistaken.

It would just have to be Guedioura to score the 57th-minute winner, and with a shot that became his all-too-briefly-seen trademark – a blockbuster from 25 yards.

From there on there was no way back. Already low confidence was shattered and players resorted to 'safe' passes rather than game-changing ones.

Sako amazingly appeared to refuse to take two corners, yet was happy to waste two free-kicks.

Sigurdarson had Wolves' only on-target effort of the second half, sending a weak header straight at Camp in the 93rd minute. By then, many fans had headed to the exits, unable to take any more as Moxey's words rang true.

By Tim Nash