1st Paranormal Activity 3 trailer is a prequel, a sequel and SCARY

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Dec 14, 2012, 4:51 PM EST

Creepy videotapes attack in the first trailer for Paranormal Activity 3. (Of course! What else do videotapes do in horror flicks?) The latest installment in the "found footage" horror series takes us back to the '80s, which gives the movie a vintage Betamax feel. And we kind of dig it.

Paranormal Activity 3 once again focuses on Katie, her sister Kristi and their unnatural relationship with entities that haunt their every move. The film goes back in time and focuses on the women as young girls, which is when they first tangled with VHS tapes and the occult.

Henry Joost and Ariel Schulman, who are best known for their indie documentary Catfish, directed the latest entry. We're interested in seeing their take on the world of Paranormal Activity, because the last sequel was hit or miss. It was very polarizing—you either really liked or you wanted to kill it with fire.

The first Paranormal Activity was amazing because we were in the dark about what was really happening. And we think that adding an origin story for PA3 is a good way to flesh out an untouched portion of the series' history. Plus, they summon Bloody Mary in this movie. That's old-school child's play. How can you not love that?

Paranormal Activity 3 opens in theaters on Oct. 21.

(via Collider)