Your opinion on 2012 Oscar Award

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Hello guys, Ever since i saw the official list of nominees for this year's Oscar Nomination, it made me feel sad a bit since my favorite movie of 2011 "50/50" is not nominated in any of those categories. But yeah, The Artist, Hugo and The Descendants are there which is also my 2011 favorite. I would appreciate you guys to share your opinion on who would win the Oscar this year mainly on Best Picture, Best Actor, Best Director.