Published at 1:00 PM on December 1, 2008
Jeremy Medina

By Jeremy Medina

Oscar Buzz: Who's ahead in this year's key races?

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BEST SUPPORTING ACTOR

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1. Heath Ledger, The Dark Knight
2. Philip Seymour Hoffman, Doubt
3. Michael Shannon, Revolutionary Road
4. Josh Brolin, Milk
5. James Franco, Milk

Strong Contenders:
Dev Patel, Slumdog Millionaire; Robert Downey Jr., Tropic Thunder; Ralph Fiennes or David Kross, The Reader
Longshots: Liev Schreiber or Jamie Bell, Defiance; Bill Irwin, Rachel Getting Married; Jason Flemyng, The Curious Case of Benjamin Button

Can Milk score two supporting nominations? Perhaps. Can Downey Jr. really be nominated for the comedy Tropic Thunder? Definitely (it's not as far-fetched as it sounds). Can the fresh-faced Patel, essentially the lead in Slumdog Millionaire, nab a supporting nomination for his first movie? Possibly, depending on the overall love for the film. Outside of the top three (who all seem like safe bets), any combination is possible. But the real question will be whether Ledger will posthumously win or not.

BEST SUPPORTING ACTRESS

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1. Penélope Cruz, Vicky Cristina Barcelona
2. Kate Winslet, The Reader
3. Viola Davis, Doubt
4. Taraji P. Henson, The Curious Case of Benjamin Button
5. Marisa Tomei, The Wrestler

Strong Contenders: Rosemarie DeWitt, Rachel Getting Married; Amy Adams, Doubt; Kathy Bates, Revolutionary Road; Vera Farmiga, Nothing But the Truth; Debra Winger, Rachel Getting Married
Longshots: Hiam Abbass, The Visitor; Rebecca Hall, Vicky Cristina Barcelona; Freida Pinto, Slumdog Millionaire

Cruz has long been a sure thing for her scene-stealing performance. Winslet seems destined for a double-nomination, but word on The Reader is respectful but not enthusiastic. Davis has already earned raves for her brief, but powerful performance in Doubt. And Henson, so good in Hustle & Flow and Talk to Me, is said to be the emotional center of Benjamin Button. Late-starters Bates and Farmiga could easily rise.

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