The 35-year old praised the Trotters for finally breaking down a resistant Albion side to force a 1-1 draw and end an awful losing run which stretches back to the end of November.
"We feel that the rot's stopped, I thought we were very unlucky. We created lots of chances with the ball which wouldn't drop for us. We kept going and eventually created one that went in.
Speed feels that the scoreline against the Baggies wouldn't normally have been classed as a good result, but given the recent form guide he feels that this result may have had the desired effect in turning Bolton's season around again.
"With all due respect a 1-1 draw at home to West Brom is not a great result but the form we've been in and the results we've had, we know that we can go on from here.
The ex-Leeds, Everton and Newcastle midfielder concluded that the side are excited about taking on Steve Bruce's in-form Birmingham City team this evening.
"After, that result we are all excited about going down to Birmingham"