Diffractive excitation is usually described by the Good--Walker formalism for
low masses, and by the triple-Regge formalism for high masses. In the
Good--Walker formalism the cross section is determined by the fluctuations in
the interaction. In this paper we show that by taking the fluctuations in the
BFKL ladder into account, it is possible to describe both low and high mass
excitation by the Good--Walker mechanism. In high energy pp collisions the
fluctuations are strongly suppressed by saturation, which implies that pomeron
exchange does not factorise between DIS and pp collisions. The Dipole Cascade
Model reproduces the expected triple-Regge form for the bare pomeron, and the
triple-pomeron coupling is estimated.Comment: 20 pages, 12 figure