In a large heavy saucepan, combine every ingredient, Except nuts; mix well. Cook over medium heat, stirring constantly, about every 15 to 20 minutes. Candy is done when it becomes very thick and leaves the side of the pan, forming a ball in the center when stirred. Turn mixture onto a buttered baking sheet; cover loosely with foil or plastic wrap. Cool completely. Lightly butter hands and shape candy into balls; roll in chopped nuts. Top each with a walnut or candied cherry half, if desired. Cover and store in refrigerator. Yields about 2 1/2 dozen candies.
For a crunchier candy, stir in 1 cup crushed granola into cooked candy before cooling and shaping.
By Terri