[css] Center an element with "absolute" position and undefined width in CSS?

I'd like to add on to bobince's answer:

<body>
    <div style="position: absolute; left: 50%;">
        <div style="position: relative; left: -50%; border: dotted red 1px;">
            I am some centered shrink-to-fit content! <br />
            tum te tum
        </div>
    </div>
</body>

Improved: /// This makes the horizontal scrollbar not appear with large elements in the centered div.

<body>
    <div style="width:100%; position: absolute; overflow:hidden;">
        <div style="position:fixed; left: 50%;">
            <div style="position: relative; left: -50%; border: dotted red 1px;">
                I am some centered shrink-to-fit content! <br />
                tum te tum
            </div>
        </div>
    </div>
</body>

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