I think broadwaybaby was talking about the third act (in terms of a three-act film structure), which I imagine involves everything after "Moments in the Woods" or so.
Maybe I'm in the denial stage and I'm aware of how dramatic I sound, but I refuse to believe that mediocre movies like LES MIS or the unwatchable EXTREMELY LOUD AND INCREDIBLY CLOSE could get in for Best Picture and not INTO THE WOODS. Obviously, each year is difference and the cares ARE stacked against INTO THE WOODS, but I really want it to get in, oh well.
"Some people can thrive and bloom living life in a living room, that's perfect for some people of one hundred and five. But I at least gotta try, when I think of all the sights that I gotta see, all the places I gotta play, all the things that I gotta be at"