Wolves are just outside the relegation zone in the Premier League.
“It depends what’s available,” he told the club’s official website.
“Generally January is a time for people who are in desperate need of money who try and sell players or desperately in need of trying to bring people in.
“Prices and wages tend to be hiked up so we’ll see what’s available.
“I don’t know what business the other teams are going to do that we are competing against.
“We’re halfway through the season and just out of the bottom three. Can we do it again over the second half of the season?
“If we get Kightly back, Edwards back, Keogh back, we’ll have a chance and we’ve also found a midfield player in Michael Mancienne.
“We’re always looking but just have to see whether we can do anything.”