Definetley a Chemical pregnancy. And I do think that Levels can drop rather quickly. I had a chemical pregnancy... I got 4 clear bright positives had all the symptoms... like 2 days later we found another pregnancy test that go lost in the closet so I took it and the line was alot lighter so I sent my fiance out to get more and I took one the next morning...the line was almost gone. This was in 3 days from getting a bright positive. I called my doctor who assured me nothing was wrong and that bled the next day.
I called the lab and they told me that the they deem 25 and over a positive result. And yes the tests were done at 2 different labs. The positive was done at the Navy clinic and the other at the ER.
I agree with slzerbst - sounds like it could have been a chemical pregnancy.
Some doctors will consider any HCG level over 10 mIU a positive for pregnancy and some tests are very sensitive and will detect as little as 20 mIU - non-pregnant levels are less than 5 mIU. So, its definitely possible for you to have low HCG levels which were detectable with blood/urine tests but because the levels were so low to being with, they could easily drop to <5 within the 18h time frame.
It could have been a "chemical pregnancy" prior to getting pregnant with my son I had three of those. Basically it's where the embro doesn't fully implat into the uterus and thus it you misscarry. Most women don't even realize this is going on unless they are trying to get pregnant along with the fact that if your cycles are irragular they wont know that. All in all it sounds like what happen to you. Don't give up trying, but I'm pretty sure that you should see your doctor if you'fe been trying to get pregnant for a while, if not then I wouldn't worry about it. On average it takes a women about 6 months before she get's pregnant.