Grandma Eilers' Nutty Noodly Clusters

2 6-ounce packages chocolate chips
2 6-ounce packages butterscotch chips
2 3-ounce cans La Choy Chow Mein noodles
1/2 cup peanuts
Melt chocolate and butterscotch chips in heavy saucepan over low heat, stirring constantly.
Remove from heat and quickly stir in noodles and nuts.
Drop by teaspoonfuls onto waxed paper.
Chill and refrigerate.
Kirsten Dickey Moore