Blues boss Carlo Ancelotti insisted his side's defence of the league was not over after they threw away a crucial two points in a Stamford Bridge thriller.
Houllier is well-placed to assess the current title picture, though, with his side having faced three of the top five in the past three games and he believes the Blues are always a threat.
Asked if Chelsea were still in the hunt, he said: "It's very difficult to say because every team has got its own asset.
"Tottenham, when they play, are extremely good. Manchester City were impressive. Chelsea are a bit like us - they're going through a difficult time."
Source: PA
Source: PA