After the instructions:
1.. cd /
2.. bunzip2 -c /tmp/cygipc-2.03-2.tar.tar | tar xvf -
3.. ipc-daemon2 &
I wrote:
4. initdb -D usr/local/posgresql/data -W -E LATIN1
and....
initdb:failed
initdb: removing data directory "usr/share/postgresql/data"
Where is the error?