The Predictions for the end of December are as follows. They don't represent the changes that will come with The SAG Award noms, the guilds, and the Golden Globe results.

Picture:
1. Brokeback Mountain
2. Good Night And Good Luck
3. Munich
4. Walk The Line
5. King Kong
Honorable Mention: A History of Violence, Match Point, Cinderella Man

Director:
1. Ang Lee - Brokeback Mountain
2. Steven Speilberg - Munich
3. George Clooney - GNGL
4: Peter Jackson - King Kong
5: David Cronenberg - AHOV
HM: Bennett Miller, Woody Allen

Actor:
1. Phillip Seymour Hoffman - Capote
2. Heath Ledger - Brokeback Mountain
3. Jaoquin Pheonix - Walk The Line
4. David Straitharn - GNGL
5. Jeff Daniels - The Squid And The Whale
HM: Viggo Mortenson, Terrence Howard

Actress:
1. Felicity Huffman - Transamerica
2. Reese Witherspoon - Walk The Line
3. Joan Allen - The Upside of Anger
4. Keira Knightley - Pride & Prejudice
5. Naomi Watts - King Kong
HM: Judi Dench, Charlize Theron, Laura Linney

Supporting Actor:
1. Paul Giamatti - Cinderella Man
2. Jake Gyllenhaal - Brokeback Mountain
3. Matt Dillon - Crash
4. George Clooney - Syriana
5. Kevin Costner - The Upside of Anger
HM: William Hurt, Bob Hoskins

Supporting Actress:
1. Maria Bello - A History of Violence
2. Scarlett Johansson - Match Point
3. Michelle Williams - Brokeback Mountain
4. Rachel Weisz - The Constant Gardner
5. Amy Adams - Junebug
HM: Laura Linney, Diane Keaton

Comment: While I am fairly certain that Laura Linney will capture a nomination for her work in The Squid And The Whale, I am not entirely sure which way she is being campaigned: Supporting, or Lead. Which is why she is only an Honorable Mention as of now