I wrote myself a little helper function tat I constantly use. The function chains calls of dot which makes long matrix multiplication much more readable. I call the function mdot for "multiple dot".

M = np.eye(5)
# instead of this
print M.dot(M).dot(M).dot(M).dot(M)
# or this
print np.dot(np.dot(np.dot(np.dot(M, M), M), M), M)
# I can write this
print mdot(M, M, M, M, M)

This is the implementation:

def mdot(*args):
    return reduce(np.dot, args)    

This is a really simple function but it helps me tremendously. Are you interested in integrating something like this?