Although we have not seen all the possible contenders we decided to draw up our abbreviated list for Academy Nominations with our projected winners. We have combined best picture and best director awards since we are not quite sure how to make that distinction. Our choices are listed in order of our preferences with 1st choice in bold.
(Published day before Golden Globe Awards)

Best Movie and Director

The Hurt Locker- Katherine Bigeloe
Precious –Lee Daniels
Inglorious Basterds – Quentin Tarentino
Julie and Julia – Nora Ephrom
Invictus – Clint Eastwood

We found this was an easy winner although all great films

Best Actress

Merly Streep ( Julie and Julia)
Gaborney Sidibe (Precious)
Carey Mulligan (An Education )
Helen Miren ( Last Station )

The Pro takes it from newcomer but it is close call

Best Actor

Morgan Freeman ( Invictus )
George Clooney ( Up In the Air )
Ben Foster ( The Messenger)
Jeremy Remney ( Hurt Locker)

Almost too close to choose winner

Best Supporting Actress

Mo’Nique (Precious)

Easy winner

Best Supporting Actor

Christopher Waltz (Inglorious Basterds) – Michael’s choice
Woody Harrelson ( The Messenger ) Susan’s choice

Best Foreign Film

Red Cliff- John Wo

We haven’t seen that many but this was good