AHSME 1968 Problem 16

If $x$ is such that $\frac{1}{x}-3$, then: $\text{(A) } -\frac{1}{3}\frac{1}{2} \\ \text{(D) } x>\frac{1}{2} \text{ or} -\frac{1}{3}\frac{1}{2} \text{ or } x<-\frac{1}{3}$