Venetian Christmas Cookies

1 (12 ounce) box vanilla wafers, crushed
1 (14 ounce) can sweetened condensed milk
1 cup nuts, chopped
1 cup shredded coconut
1 cup candied red and green cherries, chopped
1 cup confectioners' sugar

Combine all ingredients except the confectioners' sugar, mixing completely. Roll the dough into a log, about 2 inches thick. You may need to powder your hands with confectioners' sugar to keep the dough from sticking too much. After the log is formed, roll it in confectioners' sugar until it is completely covered. Wrap in plastic wrap or foil and refrigerate overnight.

When ready to serve, slice into cookies.