Several different experimental techniques have confirmed the existence
of a ''pseudogap'' in normal high-T-c superconductors with low hole d
ensities. Previous quasispin Monte Carlo simulations by the authors ha
ve shown that a planar one-band model of the oxygen lattice, with a lo
cal pairing interaction, produces uncorrelated bound hole pairs above
the superconducting transition temperature when the hole densities are
low. Results of normal-state simulations are reported in this work. T
hey provide evidence for the identification of the binding energy of i
ntraplanar uncorrelated hole pairs with the observed pseudogap.