The One With All The Thanksgivings - S5-E8
Revealing mistake: When Joey has the turkey on his head, and Chandler is by the door, look at the wall to Chandler's right. It's a "wild wall" - i.e., a movable wall put there to extend the set outward an additional few feet, since the camera normally doesn't see that far forward. The wall angles oddly away from the room, and you can see how the line and pattern of the hallway floor continues into the room. (00:06:15)
Answer: Usually by the seventh night of Hanukkah you don't know what to get the other person, and you will probably resort to getting the other person something insignificant. Chandler is basically saying that the pen is a stupid gift.