He calls me "babe", does he mean anything by it?

There's this that I've known for almost 2 years and we go to the same high school and we totally hit it off. We became good friends and we flirt a lot with each other. He's kinda cocky but I don't mind that because only I see his sensitive side. Anyways, we bump each other in the hallway jokingly and what not. He also calls me babe. Which honestly I really like. Like really really like. It makes me smile everyone time he texts or facebooks me that. He says like "oops gotta go babe. See ya". He's the type of person that jokes around to hide his feelings or emotions you know? We both are the kind of people who are too self conscious to take the risk of telling each other that we like each other and risk getting embarrassed or rejected. Do you think he is subtly saying something by him calling me babe?

I mean I can't get this out of my mind because I like him a lot. Like he is a guy that no matter who I have a crush on sticks out in my mind. I'm kinda of into horoscopes and I'm a capricorn and he's a gemini and although we aren't considered a good match, but a gemini is a split personality who one minute is flirty and the next is cold and he is just like that! and I read that somewhere that how to to attract a capricorn is to be cold on minute and warm the next because that type of person intrigues capricorns and makes us want more. It kinda of bugged me that he was so moody randomly but now I realize that him being like that naturally, naturally attracts me! thus he stuck out in my mind.

wow I kinda went on a rant there. well thanks for reading(: give opinions and what not!