Positive for the Year, Negative Short-Term: Fund Manager

2:10 AM ET Wed, 23 May 2012

Torsten Dennin, commodity fund manager at VCH Investments, told CNBC, "In the moment we are between the front lines because of the EU summit and the discussion about deleveraging, future growth and euro bonds. There are some negative factors in the market and some positive and markets can't figure out which way to go."