@Michelle75,
I think you shouldn't be entertaining such thoughts about your boss, regardless of what's really going on. Sheesh, think for a second - what happens if you do go out/sleep together and then break up?
Don't date someone at work who is at a level above or below you. It is a power trip for the person above, in terms of having something over you, and it is a power trip for the person below, being able to attract someone of such alleged quality. But it's not quality; it's manipulation.