Joel Siegel's Oscar Predictions

Feb. 12 -- Hollywood waits with bated breath for today's Oscar nominations — and this year, the suspense is especially thick.

Most years, the front-runners are established by now. But there's no one single standout film, no Titanic to tower over the nominations. It literally could be anyone's race.

Sure, Russell Crowe is a good bet to get Best Actor nods for A Beautiful Mind, and Moulin Rouge could very likely become the first musical in more than two decades to be nominated for Best Picture.

But until the magic envelops open (at 8:38 a.m. Eastern Time), it's anybody's guess.

Until then, here are Good Morning America's Joel Siegel picks for the top awards.

Joel's Oscar Picks

BEST PICTUREIn The BedroomMoulin RougeA Beautiful MindBlack Hawk DownThe Lord of the Rings: The Fellowship of the Ring

BEST ACTORRussell Crowe, A Beautiful MindGene Hackman. The Royal TenenbaumsDenzel Washington, Training DaySean Penn, I Am SamTom Wilkinson, In the Bedroom

BEST ACTRESSHalle Berry, Monster's BallNicole Kidman, Moulin RougeSissy Spacek, In the BedroomJudi Dench, IrisRenee Zellweger, Bridget Jones's Diary

BEST SUPPORTING ACTORBen Kingsley, Sexy BeastJim Broadbent, IrisIan McKellen, The Lord of the Rings: The Fellowship of the RingJon Voight, AliSteve Buscemi, Ghost World

BEST SUPPORTING ACTRESSJennifer Connelly, A Beautiful MindCate Blanchett, BanditsDakota Fanning, I Am SamHelen Mirren, Gosford ParkMarisa Tomei, In the Bedroom

BEST DIRECTORRon Howard, A Beautiful MindBaz Luhrmann, Moulin RougeRobert Altman, Gosford ParkPeter Jackson, The Lord of the Rings: The Fellowship of the RingRidley Scott, Black Hawk Down