Dragons and Balrogs

I must say that even saying that the elves feared the balrog of moria more then anything accept he who sits in the dark tower (proably misquoted) the balrog was a formitable foe weither or not they were stronger then dragons. Plus Smaug was killed before the war of the ring. On another note, I just have to say that I am glad to be back on after the long absence because i lost my pass and changed my e-mail account (my old account was Steve, what a fine hobbit name that was)