Chuck, you really are better off using an ohm meter to check e-matches. Basic continuity won't tell you if they have a short or too much resistance. My rule of thumb is below .5 ohms I toss them out. For high quality matches, like MJG, Jeff says that the e-matches are good between .8 and 1.2 ohs. Anything below is suspect of a short and anything above is questionable to fire. The "orange ones" are less consistent and have unreliable readings after firing. Many of the orangies will short out when they cool down 3-4 seconds after firing, indicating false "continuity" but no charge left.
If you really want to design a circuit to rapidly test matches then it should give you a green light between a certain resistance range and red light if under/over. I tried to incorporate this logic into my last launch box, so I could actually see the igniter "continuity" state remotely, but the 20 foot wires, alligator clips, and other circuitry add too much resistance variation to be reliable on the pad.