two variants of a sentence

[vil]

Dear teachers,

Would you be kind enough to explain to me the meaning of the following two variants of a sentence?

But for the faint blue half moons under her gray eyes nobody would think her ill.

But for the faint blue half moons under her gray eyes nobody would have thought her ill.

Thank you for your efforts.

Regards,

V.

[mchandler]

Either sentence is correct, but please regard your syntax to show what you really mean. Are you speaking of an ongoing action ("Nobody would 'be thinking now' or 'continue to think' her ill.")? Or are you speaking of the past actions of others? As stated, "Nobody would have thought..," which essentially means, "Until now, nobody would have thought..."

I hope this helps you.

MC